Skip to main content

Originally published March 5, 2014 at 6:24 AM | Page modified March 5, 2014 at 9:16 AM

  • Share:
  • Comments (0)
  • Print

Survey: US companies add 139,000 jobs in February

A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather still weighed on hiring.

AP Economics Writer

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >



A private survey shows that U.S. companies added slightly more jobs in February than in the previous month, but harsh winter weather still weighed on hiring.

Payroll processor ADP said Wednesday that businesses added 139,000 jobs last month, up from only 127,000 in January. But January's figure was revised sharply lower from an original estimate of 175,000.

The data suggests that the government's jobs report for February, to be released Friday, will show only modest gains. Economists forecast it will show that employers added 145,000 jobs last month. That is below the average gains of nearly 205,000 jobs a month in the first 11 months of last year.

The ADP numbers cover only private businesses and often diverge from the government's more comprehensive report. In January and December its initial figures were much higher than the official count. The Labor Department said employers added 113,000 jobs in January and just 75,000 in December.

There were some positive signs in ADP's figures. Construction firms added 14,000 jobs, the third straight month of steady gains.

But manufacturing added only 1,000 jobs and hiring by hotels, restaurants and entertainment companies slowed, the report found.

Mark Zandi, chief economist at Moody's Analytics, which helped compile the report, said that hiring should rebound once the weather improves. Chilly temperatures and snowstorms caused many businesses to close last month and possibly delay hiring.

Some companies also built up large stockpiles of goods in the second half of last year, which means they are likely ordering fewer products in the current quarter, slowing output.

"They're all temporary weights on growth, and we should see a pickup ... as we move into the spring and summer months," Zandi said.

The unseasonably cold weather may have shaved 0.2 percentage points from the economy's growth rate in the January-March quarter, according to economists at IHS Global Insight.

Growth is likely to come in at a 2 percent annual rate in the first three months of the year, Zandi said, down from 2.4 percent in the October-December quarter.


Contact Chris Rugaber at .

Want unlimited access to Subscribe now!

News where, when and how you want it

Email Icon

Bake cookies for a cause

Bake cookies for a cause

Get 23 scrumptious recipes in our "Quintessential Cookies" e-book. One dollar of your $3.95 purchase goes to Fund For The Needy.



The Seattle Times Historical Archives

Browse our newspaper page archives from 1900-1984

The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited content access is included with most subscriptions.

Subscriber login ►