ADP says businesses add 86,000 jobs in October. Labor market shows small signs of improvement.

According to ADP, private-sector employers added 86,000 jobs in October. ADP economist Nela Richardson stated that "employers of all sizes were hiring last month, and our data suggests that job-changers were lured by a combination of bonuses, overtime, and more hours in addition to higher base pay." CNBC reported the figure was slightly higher than expected, while job gains were spread across multiple sectors.

• CNBC — Private companies added 86,000 jobs in October, slightly higher than expected, ADP says
• MarketWatch — ADP says businesses add 86,000 jobs in October. Labor market shows small signs of improvement.
• Breitbart — 86,000 Private Sector Jobs Added in October, ADP Says

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