Republicans expected to take credit for it:
There have been over a million private sector jobs added since January. All the Republicans have been doing is fighting tooth and nail against every bill and policy that Democrats have put up.
They deserve absolutely no credit for this. None.
It was the latest of some stronger-than-expected data on the U.S. economy, including Monday's report showing surprisingly strong growth last month in the U.S. manufacturing sector, and among the last bits of data before Wednesday's expected Federal Reserve announcement on monetary easing.
On Friday, the U.S. government is due to report its monthly jobs data, and the ADP is sometimes used by economists to update expectations for those numbers.
In the ADP data, "you have a net surprise of 60,000 or so, which is a meaningful amount and probably raises expectations at least at little bit for Friday's employment report," said Zach Pandl, economist, Nomura Securities in New York.
Private sector October job growth beats expectations - Yahoo! News
There have been over a million private sector jobs added since January. All the Republicans have been doing is fighting tooth and nail against every bill and policy that Democrats have put up.
They deserve absolutely no credit for this. None.