According to the ADP National Employment Report for October 2026, private sector employment increased by 86k jobs. ADP says hiring showed solid growth for a second month and pay gains were steady. However, there were some weak spots with professional and business services losing jobs for the third straight month. The ADP National Employment Report is an independent and high-frequency view of the private-sector labor market based on the aggregated and anonymized payroll data of more than 26 million U.S. employees.
“Employers of all sizes were hiring last month, and our data suggests that job-changers were lured by a combination of bonuses, overtime, and more hours in addition to higher base pay. Taken together, earnings growth for these workers hit its fastest pace since March 2024.” Said ADP chief economist Dr. Nela Richardson.
Click here to read the full report at ADP.
