Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  March 06, 2013 14:34:36, updated

U.S. - the private sector in February created 198,000 new jobs, beating market expectations


The private sector in the U.S. by the agency in February ADP created 198,000 new jobs compared to the revised growth in January by 192,000 (pre-announced as +215 000).
The market, on average, allowed the creation of new jobs fall towards 170,000, with an overall range of estimates from 125 to 210 000

Sector production of goods, also including manufacturing and construction sectors created in February, 34,000 new jobs, of which 9,000 fell in manufacturing and 21,000 in construction.
The services sector in February created 164,000 new jobs.

Large private companies with more than 499 employees created 57,000 new jobs, businesses with 50 to 499 employees added 65,000 additional jobs and small businesses up to 49 employees, then about 77 000th

On Friday, government data released on creating new jobs for the whole economy. Market expected to create approximately 167,000 new jobs in January compared to 157 000th The unemployment rate should remain at 7.9%.

Growth in the number of new jobs is another indicator suggesting recovery in economic activity at the beginning of this year.

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