ADP says private sector added 90,000 jobs in September
ADP jobs report shows private payrolls rose 90,000 in September, beating forecasts See which sectors gained, where pay held firm, and what it may signal next
Private sector employment increased by 90,000 jobs in September, according to ADP, a rebound from the prior month and above economists' expectations. The report suggested the U.S. labor market remained steady after a recent slowdown.
Most of the gains came from education and health services, while leisure and hospitality, manufacturing, and construction also added jobs. Some sectors, including financial activities and professional and business services, reported declines.
ADP also said pay growth stayed solid, with base pay up 3.2% from a year earlier. The report comes ahead of the U.S. government's monthly nonfarm payrolls release on Friday, which will provide a broader look at labor market conditions.