ADP National Employment Report: Private Sector Employment Increased by 63,000 Jobs in February; Annual Pay was Up 4.5%

Core Insights - Private sector employment increased by 63,000 jobs in February 2026, with annual pay rising by 4.5% year-over-year [1] - The report indicates a concentration of hiring in specific sectors, with a record low pay premium for job changers [1] Employment Report - Private employers added 63,000 jobs in February, marking the best job gains since July 2025 [1] - Job growth by industry: - Goods-producing: 16,000 - Manufacturing: -5,000 - Construction: 19,000 - Natural resources/mining: 2,000 - Service-providing: 47,000 - Education/health services: 58,000 - Professional/business services: -30,000 - Financial activities: 2,000 - Information: 11,000 - Trade/transportation/utilities: -1,000 [1] Regional Employment Changes - Employment changes by U.S. regions: - Northeast: 11,000 - South: 37,000 - West: 19,000 - Midwest: -4,000 [1] Establishment Size Impact - Job changes by establishment size: - Small establishments (1-19 employees): 58,000 - Medium establishments: -7,000 - Large establishments (500+ employees): 10,000 [1] Pay Insights - Pay for job-stayers rose by 4.5% year-over-year, while pay growth for job-changers slowed to 6.3% [1] - Median change in annual pay for job-stayers by industry: - Manufacturing: 4.9% - Construction: 4.7% - Education/health services: 4.3% [1] Revision of Previous Data - The total number of jobs added in January was revised from 22,000 to 11,000 [1]