Employment up 158,000 in private sector

ADP jobs report good news for Obama

Private sector employment increased by 158,000 jobs from September to October, according to a leading provider of human capital management solutions, in collaboration with Moody’s Analytics.  The report, which is derived from ADP’s actual payroll data, measures the change in total non-farm private employment each month on a seasonally-adjusted basis.

Large, non-farm businesses, not small businesses, hired more people during this time period, adding 81,000 employees. Manufacturing, however, lost jobs.

• Industry Snapshot
	• Construction		23,000
	• Manufacturing		-8,000
	• Trade/transportation/utilities		24,000
	• Financial activities		9,000
	• Professional/business services		35,000