U.S. companies added 63,000 workers in February, the strongest monthly gain in seven months, according to payroll processor ADP’s employment report released Wednesday. The figure marked a sharp rebound from January’s downwardly revised 11,

By Lucia Mutikani WASHINGTON, March 4 (Reuters) - The U.S. services sector activity surged to more than a 3-1/2-year high in February as businesses rebuilt inventories in anticipation of strong demand,

ADP said businesses created 63,000 new jobs in February — the biggest increase in seven months — in another sign that a sluggish U.S. labor market might be slightly perking up.

Automatic Data Processing (ADP) recently reported Q2 fiscal 2026 results that beat earnings and revenue expectations and raised its full year outlook, yet the stock fell as investors focused on softer PEO growth.

US private employers added 63,000 roles in February, beating expectations in the best monthly gains since July, according to the private payroll processor ADP.

ADP chief economist Nela Richardson joins 'Squawk Box' to break down February's ADP private payroll data.

Wage gains for workers who stayed in their jobs held at a solid 4.5% year-over-year, yet ADP’s Nela Richardson and NerdWallet’s Elizabeth Renter both cautioned that the concentration of hiring in just a few sectors does not signal a broadly strong labor market.

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