Private-sector employment increased by 298,000 in February, on a seasonally adjusted basis, ADP estimated Wednesday.
Processing Content
The 298,000 figure is the highest monthly growth since April 2014.
In January, ADP says 261,000 jobs were added, compared to its initial estimate of 246,000 new jobs.
Economists surveyed by IFR Markets estimated a 190,000 job gain projection for February.
"February was a very good month for workers," said Mark Zandi, chief economist of Moody's Analytics. "Powering job growth were the construction, mining and manufacturing industries. Unseasonably mild winter weather undoubtedly played a role. But near record high job openings and record low layoffs underpin the entire job market."
