Dschrute3
Gold Member
- Dec 10, 2016
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Trump be rollin! Sorry bout that Dems.
US private sector added 235,000 jobs in Oct, vs 200,000 new jobs expected: ADP
The number of private-sector jobs created in October rose more than expected, with construction jobs surging in the wake of destructive hurricanes Harvey and Irma.
The ADP National Employment showed private-sector businesses added 235,000 jobs in the month. ADP was expected to show private employers added 200,000 jobs in October, up from 135,000 in September.
Goods-producing companies benefited strongly with 85,000 new jobs, 62,000 of which came from construction. Manufacturing also saw 22,000 positions added.
"The job market rebounded strongly from the hit it took from Hurricanes Harvey and Irma," Mark Zandi, chief economist of Moody's Analytics, said in a statement. "Resurgence in construction jobs shows the rebuilding is already in full swing. Looking through the hurricane-created volatility, job growth is robust."...
More:
Private-sector job growth booms in October, with construction jobs surging in the wake of destructive hurricanes
DRUDGE REPORT 2017®
US private sector added 235,000 jobs in Oct, vs 200,000 new jobs expected: ADP
The number of private-sector jobs created in October rose more than expected, with construction jobs surging in the wake of destructive hurricanes Harvey and Irma.
The ADP National Employment showed private-sector businesses added 235,000 jobs in the month. ADP was expected to show private employers added 200,000 jobs in October, up from 135,000 in September.
Goods-producing companies benefited strongly with 85,000 new jobs, 62,000 of which came from construction. Manufacturing also saw 22,000 positions added.
"The job market rebounded strongly from the hit it took from Hurricanes Harvey and Irma," Mark Zandi, chief economist of Moody's Analytics, said in a statement. "Resurgence in construction jobs shows the rebuilding is already in full swing. Looking through the hurricane-created volatility, job growth is robust."...
More:
Private-sector job growth booms in October, with construction jobs surging in the wake of destructive hurricanes
DRUDGE REPORT 2017®