ADP Says U.S. Private Payrolls Rose 90,000 in September, Beating Forecasts
U.S. private-sector employers added 90,000 jobs in September, according to ADP, a stronger-than-expected reading that suggests hiring regained momentum after a brief late-summer slowdown. The report points to a labor market that is still expanding, though at a more moderate pace than earlier in the year, with implications for Federal Reserve policy and the broader economic outlook.
