Payroll processing company ADP reports 135,000 private sector jobs were added last month, falling below analyst expectations. Will the weak numbers cause the Federal Reserve to stick to stimulus?
The Dow posted another record high this morning. The surge came on the heels of a new report from the payroll processing company ADP, which showed that private employers added 198,000 jobs in February.
The Labor Department releases its last employment report before the election today. The U.S. has added jobs for 24 consecutive months, but at a slow rate.