Private Sector Adds 110K Jobs in October: ADP

Reuters

U.S. private-sector employers added 110,000 jobs in October, beating economists' expectations, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 101,000 jobs. September's private payrolls were revised up to an increase of 116,000 from the previously reported 91,000.

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The report is jointly developed with Macroeconomic Advisers LLC.

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