U.S. private payrolls increased more than expected in February, pointing to labo...
FILE PHOTO: Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston, Massachusetts, U.S., May 1, 2017. REUTERS/Brian Snyder
The ADP National Employment Report on Wednesday showed private payrolls rose by 183,000 jobs last month after advancing by a downwardly revised 209,000 in January. Economists polled by Reuters had forecast private payrolls increasing by 170,000 jobs in February after a previously reported 291,000 jump in January.
According to a Reuters survey of economists, the government report on Friday is likely to show nonfarm payrolls increased by 175,000 jobs last month after surging 225,000 in January. The unemployment rate is forecast steady at 3.6% in February. The fast-spreading coronavirus has killed more than 3,000 people and sickened at least 90,000, mostly in China. In the United States, nine people have died from the illness associated with the virus and the number of infections exceeded 100.
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