ADP: Another solid month of job creation in Feb

[King]

Not the official government report, but a promising early number:

ADP: Private Sector Adds 216,000 Jobs

Private-sector jobs in the U.S. increased 216,000 last month, according to a national employment report published by payroll giant Automatic Data Processing Inc. and consultancy Macroeconomic Advisers. The gain was close to expectations of 215,000 put forth by economists surveyed by Dow Jones Newswires.

The January data were revised to show a gain of 173,000 instead of the 170,000 increase reported earlier. ADP also announced revisions to the 2011 job numbers to reflect new seasonal factors and regressional estimates to put the ADP data closer in line with the Labor Department's payroll series.

[King]

There's 216,000 new jobs, but what sectors or fields are they?

Service-sector jobs increased by 170,000 last month, and factory jobs increased 21,000.

And that number doesn't include the number of people who have lost their jobs or have given up looking for work.

That's unemployment rate rhetoric.   Save it for when those numbers are released.