ADP: U.S. Private Sector Added Just 113,000 Jobs in October, Missing Expectations
- ADP says 113,000 private-sector jobs created in October.
- Labor market softening?
- Businesses in the U.S. created just 113,000 new jobs in October, payroll processor ADP said.
- Economists polled forecast a 130,000 increase in new jobs.
- The numbers suggest a potential sign of a slackening labor market.