ADP reported that companies added 113,000 workers for the month, higher than the 89,000 in September but below the estimate of 130,000.
Education and health services led with 45,000 new jobs. Other notable gainers included trade, transportation and utilities, financial activities and leisure and hospitality.
The payrolls processing firm reported that companies added 113,000 workers for the month, higher thanOn wages, ADP said pay was up 5.7% from a year ago, the smallest annual gain since October 2021. Almost all of the jobs came from services-providing industries, with goods producers contributing just 6,000 towards the total."No single industry dominated hiring this month, and big post-pandemic pay increases seem to be behind
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