by Calculated Risk on 10/30/2024 08:15:00 AM

From ADP: ADP National Employment Report: Private Sector Employment Increased by 233,000 Jobs in October; Annual Pay was Up 4.6%

– Private sector employment increased by 233,000 jobs in October and annual pay was up 4.6 percent year-over-year, according to the October ADP® National Employment ReportTM produced by the ADP Research Institute® in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”). ...

“Even amid hurricane recovery, job growth was strong in October,” said Nela Richardson, chief economist, ADP. “As we round out the year, hiring in the U.S. is proving to be robust and broadly resilient.”
emphasis added

This was well above the consensus forecast of 110,000. The BLS report will be released Friday, and the consensus is for 140,000 non-farm payroll jobs added in October. Note: ADP doesn't include the Boeing strike, and probably was impacted less by the hurricanes than the BLS report.