Private sector jobs growth slows

This is a news story, published by CNBC, that relates primarily to Dow Jones news.

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economic slowdown

CNBC

•

Business

Business & Economics

Private employers added just 77,000 jobs in February, far below expectations, ADP says

Summary

Nutrition label

77% Informative

Private companies added just 77,000 new workers for the month , well off the upwardly revised 186,000 in January and below the 148,000 Dow Jones consensus estimate.

The total was the smallest increase since July .

On the positive side, leisure and hospitality jobs jumped by 41,000 , while professional and business services added 27,000 and financial activities and construction both saw gains of 25,000 .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful