ADP Shows Octobers Employment Gains of 110,000 Jobs

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The ADP employment report showed gains of 110,000 jobs during the month of October. Total nonfarm payroll has increased every month since February 2010. This number, though not enormous, shows that the economy is continually adding jobs in US even if the increases are slow. Total payroll is now above post 9/11 levels, but still significantly below the recent peak in 2008.

On Friday, the Bureau of Labor Statistics will be releasing their monthly employment data. Come back here or check our Employment Report to see the data.

–From the St. Louis Federal Reserve and ADP, reported by Daniel Saniski

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