Better than expected ADP Jobs Report in for February

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Roseland, NJ) -- Yet another key economic report is coming in higher than expected.

ADP says private payrolls rose by 242-thousand in February. Analysts were looking for a gain of 205-thousand jobs.

The January report was also revised higher, with the actual gain for the month being 119-thousand jobs.

The ADP report was released ahead of the latest jobs number from the federal government which comes out on Friday.