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US private sector added 139,000 jobs in February

Latest ADP national employment report below expectations
Latest ADP national employment report below expectations

US private employers added 139,000 jobs in February, shy of economists' expectations, and gains in the previous month were revised lower, a report by a payrolls processor showed today.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 160,000 jobs.

Private payrolls for January were revised down to a gain of 127,000 from the previously reported 175,000.

The report is jointly developed with Moody's Analytics.