Private sector employment increased by 212,000

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Wednesday, Mar 04 2015

Private sector employment increased by 212,000 jobs from January to February according to the February. Increase to 223,00 was predicted. Payrolls for businesses with 49 or fewer employees increased by 94,000 jobs in February, down slightly from 97,000 in January.

Employment among companies with 50-499 employees increased by 63,000 jobs, down from 106,000 the previous month. Employment at large companies – those with 500 or more employees – increased from January adding 56,000 jobs, up from 47,000. Companies with 500-999 employees added 18,000 jobs, up from January’s 16,000. Companies with over 1,000 employees added 38,000 jobs, up from 30,000 the previous month.

After the data USD eased slightly. Euro is currently being traded few points above 1.1130 level, Sterling is around 1.5330 area, while Aussie is slightly below 0.7850 level. Later today, Non-Manufacturing PMI data is scheduled for a release.

More in this category: « Eurozone Retail Sales up by 1.1% Australian Retail Sales rose 0.4% in January »

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