# Private companies added 86,000 jobs in October, slightly higher than expected, ADP says

- URL: https://talkfuse.com/story/private-companies-added-86000-jobs-in-october-slightly-higher-than-expected-adp-says/
- Published: 2026-11-04T13:15:03+00:00
- Updated: 2026-11-05T11:04:54+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/04/private-companies-added-86000-jobs-in-october-slightly-higher-than-expected-adp-says.html
- Topics: Business, Economy

## Key points

- Private companies added 86,000 jobs in October.
- Hiring matched September’s revised total and beat forecasts.
- Job-changers’ pay rose 4.8% over the year.

## Summary

US private companies added 86,000 jobs in October, matching September’s downwardly revised total and beating economists’ expectation of 75,000. The figures suggest private-sector hiring held steady as the labour market showed signs of stabilising.

Service industries accounted for most gains: trade, transport and utilities added 39,000 jobs, education and health services 28,000, and leisure and hospitality 19,000. Professional and business services lost 27,000 jobs; workers’ base pay rose 3.2% over the year, while job-changers’ pay rose 4.8%. The ADP figures precede the government’s jobs report, which economists expected to show 59,000 new jobs in October.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.