Private companies added 86,000 jobs in October, slightly higher than expected, ADP says
Service-sector hiring drove the gain, while base pay rose 3.2% and gross pay increased 4.7%, ADP said.
- On Wednesday, Nov. 4, 2026, the ADP National Employment Report showed U.S. private employers added 86,000 jobs in October, matching the downwardly revised payroll count for September.
- Hiring growth was broad across business sizes as medium firms with 50-499 employees added 33,000 new roles, while small establishments added 28,000 and large businesses added 24,000.
- Most growth originated in service-providing industries, which added 82,000 jobs led by 39,000 positions in trade, transportation, and utilities, though professional and business services lost 27,000 roles.
- Workers changing jobs saw 4.8% annual gains, as ADP chief economist Dr. Nela Richardson said "earnings growth hit its fastest pace since March 2024."
- Economists surveyed by Dow Jones project a gain of 59,000 jobs in Friday's Bureau of Labor Statistics report, as investors await confirmation of labor market momentum.
29 Articles
29 Articles
Private employment in the U.S. grew in October with 86,000 new jobs, led by services and transportation.The base salary rose 3.2%.The gross salary exceeded inflation, suggesting job stability before official data.The Fed focuses on controlling inflation.
Survey results indicate that the increase in U.S. private sector employment in October exceeded market expectations. U.S. employment data firm Automatic Data Processing (ADP) announced on the 4th (local time) that U.S. private sector employment rose by 86,000 in October compared to the previous month. This figure surpasses the Dow Jones forecast of 75,000. The employment growth was led by the service sector. 39,000 jobs were added in trade, tran…
(New York = Yonhap News) Correspondent Kim Yeon-sook = The increase in U.S. private sector employment in October exceeded market expectations.
The private sector of the United States opened 86,000 vacancies in October, according to data released this Wednesday by Automatic Data Processing (ADP), in partnership with Stanford Digital Economy Lab. Some analysts predicted the opening of 75,000 vacancies in the period. Exclusive material for subscribers. To have full access, access the link of the subject and register.
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