Private Survey Shows Steady Job Gains in February: Automatic Data Processing (ADP), Deutsche Bank AG (USA) (DB)

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The housing recovery is helping drive hiring at smaller firms, Zandi said, such as construction companies, landscaping firms, and plumbers and electricians. Banks are also more willing to lend to small and medium-sized companies compared with several years ago.

Medium-sized companies with 50 to 499 workers added 65,000 jobs in February, and large businesses with more than 500 employees added 57,000.

Construction firms continued a healthy string of hiring, adding 21,000 positions, the ADP report said. Manufacturers added 9,000 jobs.

The article Private Survey Shows Steady Job Gains in February originally appeared on Fool.com and is written by Associated Press.

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