ADP reports blowout 298,000 jobs gain for February

• March 8, 2017
• realestatelife
• Business & Markets, Real Estate Finance

ADP says February was third-best month of jobs growth of the recovery. Private-sector employment increased by 298,000, ADP reported Thursday. That gain suggests a much better than forecast reading for the payrolls report due Friday, where expectations are for 200,000 jobs added.