ADP Says Companies in U.S. Added 214,000 Workers in February
- Average payroll gain over last three months is most in a year
- Hiring in construction, business services remains strong
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Companies added more workers than projected in February, indicating the U.S. job market remains strong, according to a private report based on payrolls.
The 214,000 increase in employment followed a revised 193,000 rise in the prior month, figures from the ADP Research Institute in Roseland, New Jersey, showed Wednesday. The median forecast of economists surveyed by Bloomberg called for an advance of 190,000. The average gain in private payrolls over the last three months was 231,000, the most in a year.