ADP National Employment Report Shows 86,000 Private-Sector Jobs Added in October

The ADP National Employment Report for October 2026 indicates that U.S. private-sector employment grew by 86,000 jobs. While hiring showed solid growth for the second consecutive month, the report noted specific weaknesses, particularly in the professional and business services sector, which saw job losses for the third straight month. Wage growth remains a significant factor in the labor market, with gross pay increasing by 4.7% year-over-year. Notably, job-changers experienced much higher earnings growth, with gross pay rising 7.6%, suggesting that workers are moving roles to secure better compensation packages including bonuses and overtime.

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