U.S. private sector adds 86,000 jobs in October, more than expected
FROM THE WIRE · RTTNEWS.COM
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. grew by more than expected in the month of October. The report said private sector employment climbed by 86,000 jobs in October, matching a downwardly revised increase in September.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralAn ADP jobs print above expectations can push Treasury yields higher and support the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01ADP reports U.S. private sector employment grew by 86,000 jobs in October.
- 02The figure was more than expected.
- 03The October gain matches a downwardly revised increase in September.