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Private sector adds 86,000 jobs in October, beating expectations with strong gains in trade and education sectors

Market News
04 Nov 2026, 20:29 WIB
New York Post
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Bullish
Private sector adds 86,000 jobs in October, beating expectations with strong gains in trade and education sectors

The private sector added 86,000 jobs in October, surpassing economists' expectations of 69,000 new positions, according to ADP. Key industries driving job growth included trade, transportation, utilities, education, and health services. Employers of all sizes contributed to hiring, with large businesses adding 24,000 jobs and smaller firms also showing gains. This robust hiring suggests rising earnings growth and positive momentum ahead of the official Labor Department report expected Friday, which forecasts a smaller gain of 65,000 jobs and steady unemployment at 4.2%.

Private sector job additions in October reached 86,000, surpassing expectations, as of Nov 05, 2026 01:21 WIB. For readers following US stocks on Pluang, here is the market snapshot: out of 150 priced stocks, 121 rose and 29 fell. Notable movers include XYZ (Block Inc) at USD 88.07 with a 15.93% increase, OPEN (Opendoor Technologies Inc) at USD 2.00 with a 14.94% rise, and JBLU (JetBlue Airways Corporation) at USD 3.62 with a 13.84% gain.

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