"Conditions continue to improve at a moderate pace and are consistent with other indicators suggesting some firming of the labor market"
- Joel Prakken, chairman of Macroeconomic Advisers
The number of Americans, who have found a job in a private sector rose to 216 thousand in February from 173 thousand the previous month, the ADP Employer Services said on Wednesday.
"This does suggest we are moving in the right direction," said Beth Ann Bovino, senior U.S. economist at Standard & Poor's Ratings Services in New York.
"This pick-up is consistent with the recent acceleration of the nation's gross domestic product which, in the fourth quarter, grew at the fastest pace since second quarter of 2010," said Joel Prakken, chairman of Macroeconomic Advisers, which produces the report for ADP.
"Conditions continue to improve at a moderate pace and are consistent with other indicators suggesting some firming of the labor market," Prakken said.
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