Private Sector Employment Rose by 239,000 Jobs in October

Roseland, NJ, November 2, 2022-Private sector employment increased by 239,000 jobs in October, and annual pay was up 7.7% year-over-year, according to the October ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.

The goods-producing sector lost 8,000 jobs, while the service-providing sector added 247,000.

Small businesses added 25,000 jobs; medium businesses added 218,000 jobs, and large businesses lost 4,000.