Private payro
Private companies added 42,000 jobs in October, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000.
All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000.
The ADP count comes out the first Wednesday of the month and usually takes a back seat to the official nonfarm payrolls report, which won’t be released because of the government shutdown.
lls rose 42,000 in October, more than expected and countering labor market fears, ADP says
