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via wsj.comEconomy

Private-sector hiring remained solid in October, ADP reports

FROM THE WIRE · WSJ.COM

Private companies added a net 86,000 jobs in October, ADP said. Economists polled expected 75,000 new private-sector jobs.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA jobs figure slightly above expectations can support Treasury yields and the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Private companies added a net 86,000 jobs in October, ADP said.
  2. 02Economists polled had expected 75,000 new private-sector jobs.
  3. 03The figure is reported by ADP.

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