Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Private Sector Adds 158,000 Jobs

ROSELAND, N.J. (UPI) — Payroll firm Automatic Data Processing Inc. said the U.S. economy added 158,000 non-farm private sector jobs in October and revised September’s data lower.

The payroll firm said September’s jobs gain came to 114,000, down from 162,000 announced in early October.

From September to October, the firm said, businesses with under 50 employees added 50,000 jobs, while those with 50 to 500 employees added 27,000 jobs.

Larger companies added 81,000 jobs in the month, the firm said.

The trend is a clear departure from most of the recovery, which has been dominated by job growth among small companies with the largest firms lagging far behind.

ADP said service oriented firms added 144,000 jobs in October, matching the sector’s gain from September. Goods producing firms, meanwhile, added 14,000 jobs in the month.

Construction added 23,000 jobs in the month — a sector that is likely to remain strong in November, given estimates of damage caused by Hurricane Sandy hover around $20 billion.

Manufacturing lost 8,000 jobs, while trade, transportation and utilities gained 24,000.

The finance sector added 9,000 jobs in the month, while professional services added 35,000, ADP said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Private Sector Adds 158,000 Jobs”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.