US Private Sector Adds 42,000 Jobs in October, Surpassing Expectations
TL;DR
The US private sector added 42,000 jobs in October, marking a recovery after previous losses, but the growth is slow and concentrated in certain sectors, raising concerns about the overall health of the economy amid a slowdown and limited government data due to a shutdown.
- The US economy added 42,000 private-sector jobs last month, more than expected CNN
- Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says CNBC
- US private sector snaps two-month streak of job losses in October Financial Times
- ADP National Employment Report: Private Sector Employment Increased by 42,000 Jobs in October; Annual Pay was Up 4.5% PR Newswire
- Fed’s Miran Says ADP Jobs Data Slightly Better Than Expected Bloomberg.com
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