Published November 5, 2025 8:28am EST
Private sector added better-than-expected 42,000 jobs in October, ADP says
ADP releases private sector jobs data
By Matthew Kazin FOXBusiness
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 flat for more than a year, indicating that shifts in supply and demand are balanced."
Trade, transportation and utilities added 47,000 positions, leading job creation in October. Education and health services added 25,000 jobs, financial activities added 11,000, natural resources and mining contributed 7,000, and construction added 5,000.
more
https://www.foxbusiness.com/economy/private-sector-added-better-than-expected-42000-jobs-october-adp-says
