Veytics Intelligence
2026-11-04 · CNBC

Private companies added 86,000 jobs in October, slightly higher than expected, ADP says

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Private-sector job growth held steady in October, with gains spread across sectors, as the labor market showed fresh signs of stabilization, ADP reported Wednesday. The payrolls processing firm said companies added 86,000 jobs during the month, the same as the downwardly revised total for September and slightly ahead of the Dow Jones estimate for 75,000. Trade, transportation and utilities led with 39,000 new jobs, while education and health services added 28,000 and leisure and hospitality contributed 19,000. Other sectors showing gains included financial activities (15,000), construction (13,000) and other services (10,000).

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