Jobs
US Firms Add 77,000 Jobs, Smallest Gain Since July, in ADP Data
- Service sectors see job cuts as goods employment accelerates
- South and West regions saw declines amid inclement weather
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Hiring at US companies slowed in February to the lowest pace since July, led by job cuts in the service sector and in regions of the US that were hit by severe weather.
Private-sector payrolls increased by 77,000 in February, down from a revised 186,000 in January, according to ADP Research, below all but one forecast in a Bloomberg survey.