US Companies Add 42,000 Jobs in October, ADP Data Shows
Employment at US companies rose in October, signaling stabilization in the labor market after two straight months of declines.
Private-sector jobs increased by 42,000 after a revised 29,000 decline in the previous month, according to ADP Research data released Wednesday. The median estimate in a Bloomberg survey of economists was for a gain of 30,000. (alg)
Source: Bloomberg