Private employers added more than 42,000 new jobs to the nation’s payrolls in October, a new report says, with the ever-reliable healthcare industry in the forefront.
The latest job figures were compiled by the ADP Research Institute and were done in lieu of numbers traditionally released by the Bureau of Labor Statistics.
In an alert to its membership, the Associated Builders and Contractors has said that because of the government shutdown, “no monthly construction economic data will be collected, and no reports will be issued until sometime after the government reopens.”
But the Associated General Contractors, in its weekly Data Digest publication, has gone with estimates provided by ADP Research Institute to make up for the missing BLS numbers.
Those figures, done in conjunction with the Stanford Digital Economy Lab, bases its estimates on what it calls the “aggregated and anonymized payroll data of more than 26 million U.S. employees.”
To that end, the latest ADP report shows that the latest job figures in October for both small and medium-sized companies were mixed, while large employers reporting double digit gains.
The combined education and healthcare sectors saw an increase of around 26,000 jobs, with the financial activities sector up by 11,000 jobs. The construction industry, meanwhile, saw a healthy gain of 5,000 new jobs.
“Private employers added jobs in October for the first time since July,” remarked Nela Richardson, chief economist with ADP, in a statement. “But hiring was modest relative to what we reported earlier this year.”
The ADP report additionally showed that while hiring was significantly off in the Northeast, and up by 9,000 and 6,000 in the Midwest and South respectively, the West produced an October blowout with the addition of 39,000 new jobs.
November 11, 2025
By Garry Boulard
Photo courtesy of Pixabay
