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Private Sector Added 42,000 Jobs in October, Reversing September's Losses
PYMNTS.com· 2025-11-05 23:44
The private sector added 42,000 jobs in October, with the trade, transportation and utilities industry leading the way, ADP said Wednesday (Nov. 5).By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.That industry was ...
Private sector added better-than-expected 42,000 jobs in October, ADP says
Fox Business· 2025-11-05 21:36
Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 28,000 jobs. The prior month's payrolls number was revised to a loss of 29,000 from an initially reported loss of 32,000."Private employers added jobs in October for the first time since July, but hiring was modest relative to what we reported earlier this year," said Nela Richardson, ADP's chief economist. "Meanwhile, pay growth has been largely fl ...