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Thursday, March 3, 2011

ADP: Private Employers added 214k jobs last month

Payroll firm Automatic Data Processing Inc. reported its estimates Wednesday, saying private employers added 217,000 new jobs last month.

The majority of the new jobs created in February came at small and medium-sized businesses, adding 204,000 jobs. Larges businesses added just 13,000 jobs last month.

Employment gains in the small-business sector have been positive for 12 consecutive months, an encouraging sign for the job market,

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