ADP report: private sector added 230,000 jobs in October

Market news

5 November 2014

ADP report: private sector added 230,000 jobs in October

Private sector in the U.S. added 230,000 jobs in October, according the ADP report on Wednesday. That was the second highest increase of 2014.

September's figure was revised up to 225,000 jobs from a previous reading of 213,000 jobs.

Analysts expected the private sector to add 214,000 jobs.

Official labour market data will be released on Friday. Analysts expect that U.S. unemployment rate will remain unchanged at 5.9% in October. The U.S. economy is expected to add 229,000 jobs in October.

U.S.: Services PMI, October 57.1 (forecast 57.3)

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