Private-sector jobs up more than expected in February: ADP

Highest-paying fast food jobs in America

Taco Bell pays its managers the highest of all fast food chains. FOX Business’ Maria Bartiromo with more.

WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in February, pointing to labor market strength before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve.

Continue Reading Below

The ADP National Employment Report on Wednesday showed private payrolls rose by 183,000 jobs last month after rising 209,000 in January, which was revised down from 291,000.

HALF OF WOMEN EARN AS MUCH AS THEIR HUSBANDS

Economists polled by Reuters had forecast private payrolls rising by 170,000 jobs in February.

(Associated Press)

CLICK HERE TO READ MORE ON FOX BUSINESS

(Reporting By Lucia Mutikani; Editing by Chizu Nomiyama)

Source: Read Full Article