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This is a breaking news story about the ADP National Employment report for the month of September. Please check back for updates.
Companies in the private sector added 90,000 jobs in September, payroll processing firm ADP said in its latest report on Wednesday.
The figure is above economists’ estimates of a gain of 70,000 jobs and up from the prior month's revised 36,000 payrolls.
"It's a strong report," said ADP chief economist Nela Richardson. "After a three-month slowdown, job creation rebounded and pay growth remained solid."
Education and health services added 55,000 positions, leading job creation in September. Leisure and hospitality added 22,000, and manufacturing added 17,000 positions.
Construction added 15,000 jobs in the month while other services added 6,000 and information added 3,000.
Hiring in trade, transportation and utilities was flat in September.
On the negative side, financial activities lost 16,000 jobs while professional and business services lost 11,000. Natural resources and mining lost 1,000 positions in the month.
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[ H/T Fox Business ]
