Private sector added better-than-expected 42,000 jobs in October, ADP says
1. Private sector added 42,000 jobs in October, outperforming estimates. 2. Job growth signifies improvement in employment for the first time since July. 3. Pay growth remains flat, indicating balanced supply and demand in labor. 4. Certain sectors showed significant job gains, while others posted losses. 5. Revised prior month shows a reduced loss of 29,000 jobs.