Nov ADP - U.S. Job Growth Hits All-time High in October

2024-12-04

Summary:

ADP reported private job creation hit a year-high in October, despite storms in the Southeast and major labor disruptions.

Nov ADP

4/12/2024 (Wed)

Previous (Oct): 233k Forecast: 150k

Private job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast and major labour disruptions, ADP reported.

The report showed other sign of the labour market holding up with growth in wages of 4.6% from a year ago. But job creation was strongly concentrated in companies with 500 or more employees.

ADP

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