Private Sector Job Gains Slow a Bit To 182,000 Jobs In October: ADP

Private-sector employment gains continued in October at a slightly slower pace than in the prior month. Employers added 182,000 jobs last month, Automatic Data Processing Inc. reported Wednesday. ADP revised September's gain down slightly to 190,000 from a prior estimate of 200,000. Economists use ADP's data to get a feeling for the Labor Department's employment report, which will be released Friday and covers government jobs in addition to the private sector. Economists polled by MarketWatch expect the government's report to show that nonfarm payroll rose by a 177,000 jobs last month, up from the gain of 142,000 in September.