October Private Payroll Growth , Falls Below Expectations .
365,000 U.S. jobs were added
by private companies
in the month of October.
600,000 jobs had been projected
by Dow Jones economists.
Although the pace is slower, we’ve seen employment gains across all industries and sizes, Ahu Yildirmaz, VP ADP Research Institute,
via CNBC.
Job creation was heaviest
in the service industries.
125,000 jobs were added to
the hospitality industry.
while education and health
services added 79,000 jobs.
Mid-size companies contributed the most
to job creation, adding 135,000 new positions
