WASHINGTON (AP) — A private survey shows U.S. businesses added a solid number of jobs in February, indicating higher taxes and looming government spending cuts have yet to slow hiring.
Employers added 198,000 jobs in February, according to data released Wednesday by payroll processor ADP. And the survey revised January's hiring figures to show companies added 215,000 jobs that month, 23,000 more than what had initially been reported.
The ADP report is derived from actual payroll data and tracks total nonfarm private employment each month. The hiring suggests that higher taxes and looming government spending cuts didn't discourage employers from adding jobs.
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