Private companies added 240K jobs in October, up almost 50K from September ...Middle East

Hiring in the private sector increased in October compared to the prior month, with private employers adding 239,000 jobs during the past month, according to a new report. The ADP National Employment Report, which is released monthly and estimates private sector employment levels and pay, found that annual pay rose 7.7 percent on a year-over-year basis. The number of new hires in October is an improvement from the estimated 192,000 added private sector jobs that ADP estimated in September, but not all industries are expanding. “This is a really strong number given the maturity of the economic recovery, but the hiring was not broad-based. Goods producers, which are sensitive to i

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Private companies added 240K jobs in October, up almost 50K from September ...Middle East

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