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Private Businesses Added 212,000 Jobs in February

Wall Street Journal (03/04/15) Kathleen Madigan

Business hiring was modest in February, according to an employment survey by Automatic Data Processing and Moody’s Analytics. Private payrolls rose by 212,000 jobs in February. Economists polled by the Wall Street Journal had forecast an increase of 215,000 new jobs. The January number was revised up to 250,000 from 213,000. Companies employing between one and 49 employees added 94,000 new employees in February. Medium-size businesses with payrolls of 50-499 employees hired 63,000 employees. Large firms with 500 or more employees hired 56,000 employees. Service-sector payrolls rose by 181,000 jobs last month. Manufacturing companies added 3,000 jobs, and construction firms added 31,000 jobs.