ADP Employment Rose 217,000 In February

March 2nd, 2011 by Belisarius

(For February 2011)

ADP Employment rose 217,000 in February vs. revised (up 2,000) gain of 189,000 in January.

This was widely off the mark in recent months, but if we judge just on this nonfarm payrolls on Friday (rule of thumb) could be slightly lower than 193.000 consensus.

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