CNBC logo
Breitbart News logo
CNN logo
3 articles
·1y

U.S. Job Creation Hits Highest Level in Over a Year Amid Natural Disasters

ADP reports 233,000 new private-sector jobs added in October, despite challenges from hurricanes and labor disruptions, indicating a strong labor market.

Subscribe to unlock this story

We really don't like cutting you off, but you've reached your monthly limit. At just $5/month, subscriptions are how we keep this project going. Start your free 7-day trial today!

Get Started

Have an account? Sign in

Overview

A summary of the key points of this story verified across multiple sources.

In October, the U.S. private sector added 233,000 jobs, the highest monthly figure in over a year, as per ADP. This surge, exceeding estimates of 115,000, occurred despite adverse impacts from hurricanes and a Boeing strike. The job gains were widespread, predominantly in sectors like education and health services. Wages rose by 4.6%, and despite expectations for a slowdown, the data points to a robust labor market. Analysts speculate this may influence the upcoming Federal Reserve meeting, especially given contrasting assessments with the anticipated government employment report.

Written by AI using shared reports from
3 articles
.

Report issue

Pano Newsletter

Read both sides in 5 minutes each day

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

Analysis unavailable for this viewpoint.

Articles (3)

Compare how different news outlets are covering this story.

History

See how this story has evolved over time.

  • This story does not have any previous versions.