March ADP  - Job growth far below expectations

2025-04-02
Summary:

February saw just 77,000 jobs added, far below the 146,000 forecast, marking the smallest gain since July amid policy uncertainty.

March ADP 


2/4/2025 (Wed) 


Previous (Feb): 77k  Forecast: 105k


Employers added a meager 77,000 jobs in February, much lower than 146,000, as companies pulled back as uncertainty about President Trump's economic policies grip the economy.


It marked the smallest gain since July and the weakness was broad-based. It was also a sharp reversal from the upwardly revised 186,000 jobs added in January.

ADP 

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