Bookmark and Share Contact Palm Beach Business.com by phone: 561 450-8258. By email.

 

ADP: Employers added 158,000 jobs in October

By Palm Beach Business.com

NEW YORK — The payroll firm ADP on Thursday said employers added 158,000 jobs in October, compared with 114,000 a month earlier. The Labor Department releases its jobs report on Friday.

“Businesses are adding consistently to their payrolls,” Moody’s Analytics Chief Economist Mark Zandi said. “October’s job gains were in line with the average monthly gains of the past two years, with sturdy albeit less than stellar growth across most industries and company sizes. Businesses have turned more cautious in recent months, but that has yet to impact their hiring and firing decisions.”

Professional and business services added the most jobs at 35,000, followed by trade, transportation and utilities, up 24,000, and construction, up 23,000. Manufacturing was the only sector to lose jobs, down 8,000.

Large employers added 81,000 jobs; small businesses added 50,000.

The report is derived from ADP’s actual payroll data.

ad for delray networking stars

 

coming soon the daily bulletin


ad for newsletters

Keep up with YOUR community. Receive our FREE email newsletters!
For Email Marketing you can trust

Follow us on TwitterPalm Beach Business.com on LinkedIn
FOLLOW US ON FACEBOOK


ad for palm beach business.com
Openings at $75K to $500K+

Hot Offers
CompUSA Best sellers
DELRAY'S ONLINE BUSINESS AND COMMUNITY NEWSPAPER — PALM BEACH BUSINESS.COM
   
palm beach business.com
NOVEMBER 1, 2012 click to go home
 
         
click to go back to the top
Delray's Online Business and Community Newspaper