The ADP report (above) tracks private sector employment and isn’t correlated to the government’s official jobs tally, which is due Friday morning. Economists polled by Refinitiv forecast 400,000 jobs for the government report.
Even so, the private payrolls report is closely watched and considered a bellwether for America’s labor market.
Key jobs measure says America added 475,000 positions in February, beating expectations 
New York, CNN Business —
America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday.
That was nearly 90,000 more positions than economists had expected! 
Meanwhile,
The surprising decline of 301,000 jobs initially reported for January, was revised to an increase of 509,000 jobs.
Last year, the US economy still added more than six million jobs and 2022 is expected to be another strong year for the labor market!
Weekly jobless claims are back at levels that were common before the pandemic, reflecting that businesses are reluctant to lay workers off.
None of the major sectors lost jobs
Positive news!
New York, CNN Business —
America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday.
That was nearly 90,000 more positions than economists had expected!
Meanwhile,
The surprising decline of 301,000 jobs initially reported for January, was revised to an increase of 509,000 jobs.
More good news. Keep it coming. 
After the 2020 disaster which still affects most of the world to this day we certaiinly need more steps in the right direction like that.
Last year, the US economy still added more than six million jobs and 2022 is expected to be another strong year for the labor market! Weekly jobless claims are back at levels that were common before the pandemic, reflecting that businesses are reluctant to lay workers off.None of the major sectors lost jobs Positive news!
i like the way that trend is going for our country
Positive news! i like the way that trend is going for our country
Good thing is the recovery from the epic 2020 disaster under the trump regime is still moving forward, so we can anticipate more positive steps forward in the months to come.
@fubah2
Recovery? You call record inflation and all time high gas prices a recovery? Living in crazy world you are. Go ask citizens if they think we're in a "recovery" phase. How's your gas prices lookin? I'm seeing all time record highs starting. Gonna be a "recovery" for gas prices anytime soon? What about food prices? What about commodity prices? Those gonna "recover" soon too?
New York, CNN Business —
America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday.
That was nearly 90,000 more positions than economists had expected!
Meanwhile,
The surprising decline of 301,000 jobs initially reported for January, was revised to an increase of 509,000 jobs.
More good news. Keep it coming. After the 2020 disaster which still affects most of the world to this day we certaiinly need more steps in the right direction like that.
i agree 
international terrorism from putin might contribute to slowing down the momentum a little but overall we should still be in good shape and getting better
First sign of oil price relief: UAE says it wants OPEC to increase production
The UAE's ambassador to Washington, Yousef Al Otaiba, told CNN Wednesday that the country wants to increase oil production and will encourage the Organization of the Petroleum Exporting Countries (OPEC) cartel to ramp up supply.
Otaiba's comments sent oil prices dropping like a rock Wednesday. US oil fell 12% to $108 a barrel. Brent crude, the global benchmark, fell 13% to $112 a barrel.
First sign of oil price relief: UAE says it wants OPEC to increase production
The UAE's ambassador to Washington, Yousef Al Otaiba, told CNN Wednesday that the country wants to increase oil production and will encourage the Organization of the Petroleum Exporting Countries (OPEC) cartel to ramp up supply.
Otaiba's comments sent oil prices dropping like a rock Wednesday. US oil fell 12% to $108 a barrel. Brent crude, the global benchmark, fell 13% to $112 a barrel.
@Zeus4par
It will be interesting to watch this story develop. That's likely to be where it will plateau until another producer signals a similar desire. We can hope for that and it could happen for sure. If so, then I can see oil will fall back into the $80 - $90 range.
mic drop
cut from yahoo news ::
U.S. oil and gas permitting increased under Biden, data shows
Ever since Russia invaded Ukraine on Feb. 24, Republican politicians, conservative pundits and fossil fuel industry leaders have accused President Biden of weakening the U.S.’s economic power against Russia by reducing oil and gas production.
But a data dashboard unveiled Wednesday by the Center for Western Priorities shows that the opposite is true.
The federal government has been issuing oil and gas drilling permits more willingly than it did during former President Donald Trump’s first three years in office, and it could be issuing even more if the oil and gas industry wasn’t leaving many current leases undeveloped.
ISSUING permits doesn't mean they're actively drilling and doesn't even mean there is oil or gas to be found. More spinning the words to push a narrative to give you hopes that prices will fall. How do you 81 million feel now? Getting basically taxed through inflation "HeY, iNfLaTiOn Is An AsSeT"
mic drop
cut from yahoo news ::
U.S. oil and gas permitting increased under Biden, data shows
Ever since Russia invaded Ukraine on Feb. 24, Republican politicians, conservative pundits and fossil fuel industry leaders have accused President Biden of weakening the U.S.’s economic power against Russia by reducing oil and gas production.
But a data dashboard unveiled Wednesday by the Center for Western Priorities shows that the opposite is true.
The federal government has been issuing oil and gas drilling permits more willingly than it did during former President Donald Trump’s first three years in office, and it could be issuing even more if the oil and gas industry wasn’t leaving many current leases undeveloped.
Interesting news. If true, then the narrative against our president is false.
Key words "IF TRUE". You do realize MSM will say anything to spin the narrative because people are going out today and seeing RECORD GAS PRICES that this country HAS NEVER SEEN BEFORE! Notice how MSM will try to make you FEEL better. Smart people know it's lies. Dum dums re-post this crap and regurgitate MSM headlines. It's not wonder why people are brainwashed.
Checks out. It does appear to be factual.
I also found this online which is similarly very interesting:
"Meanwhile, we have a much more plausible answer for why gas prices are high right now. While he was pr*sident, Donald Trump pressured the Saudis into cutting production in order to elevate the price of crude.
An April 30, 2020, Reuters story provides the context:
As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.
In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.
The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic - scoring a diplomatic victory for the White House."
mic drop
cut from yahoo news ::
U.S. oil and gas permitting increased under Biden, data shows
Ever since Russia invaded Ukraine on Feb. 24, Republican politicians, conservative pundits and fossil fuel industry leaders have accused President Biden of weakening the U.S.’s economic power against Russia by reducing oil and gas production.
But a data dashboard unveiled Wednesday by the Center for Western Priorities shows that the opposite is true.
The federal government has been issuing oil and gas drilling permits more willingly than it did during former President Donald Trump’s first three years in office, and it could be issuing even more if the oil and gas industry wasn’t leaving many current leases undeveloped.
Interesting news. If true, then the narrative against our president is false.
its factual
i agree with wallstreetcappers and others that blaming biden for the high oil prices is stupid partisanship
Global markets determine oil prices and not US presidents. International problem is that demand exceeds supply and correction requires time. After decline in oil production fails to keep up with economic recovery due to labor or equipment shortages and cost cutting by corporations. Blaming Biden is mostly about politics. Proposed solutions probably have little impact in the short term. Fortunately, US petroleum production is improving to near pre pandemic level.
Global markets determine oil prices and not US presidents.
International problem is that demand exceeds supply and correction requires time. After decline in oil production fails to keep up with economic recovery due to labor or equipment shortages and cost cutting by corporations. Blaming Biden is mostly about politics. Proposed solutions probably have little impact in the short term. Fortunately, US petroleum production is improving to near pre pandemic level.
This is well known by most.
GDP grew 5.7% in President Biden’s first year – the fastest rate since 1984.
i think that is very good news , esp considering the hand he was dealt
but the cult say biden is a total disaster bcuz he hasnt achieved anything at all
President Joe Biden announces
$800 million in new security aid for Ukraine
Washington (CNN)
President Joe Biden on Wednesday announced an additional $800 million in security assistance to Ukraine.
"The world is united in our support for Ukraine and
our determination to make Putin pay a very heavy price,"
Biden said before signing a presidential memorandum
at the White House to deliver the military assistance.
"America is leading this effort, together with our allies and partners,
providing an enormous level of security and humanitarian assistance
that we're adding to today and we're going to continue to do more
in the days and weeks ahead."
President Biden reverses Trump
and reinstates California authority
to set its own pollution standards for cars
YAHOO NEWS -
In response to the reinstatement of the EPA waiver,
California Gov. Gavin Newsom praised the decision...
"I want to thank the Biden administration for righting
the reckless wrongs of the Trump administration and
recognizing our decades-old authority to protect
Californians and our planet," Gov. Newsom said
in a statement on the reinstatement of the EPA waiver.
Established in 1995,
Joe Biden admin gets unemployment rate down to just 3.88
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