Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says
CNBCยท2025-11-05 13:15
A jobseeker speaks with a recruiter during a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025.Payroll growth at private companies turned slightly stronger than expected in October, providing some hope that the labor market isn't in danger of sinking, ADP reported Wednesday.Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision for ...