US private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Source: CNBC

“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 September showed 3,000 fewer jobs lost, the payrolls processing firm said.” (11/05/25)

https://www.cnbc.com/2025/11/05/private-payrolls-rose-42000-in-october-more-than-expected-and-countering-labor-market-fears-adp-says.html