Jobs
US Companies Added 63,000 Jobs in February, ADP Says
A worker uses a brushing machine to refinish wooden siding at a sawmill in Pine Plains, New York.
Photographer: Angus Mordant/BloombergUS companies added the most jobs since November last month, adding to evidence of some stabilization in the labor market.
Private-sector payrolls increased 63,000 in February after a downward revision to the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of economists called for a 50,000 advance.