The US economy added 42,000 private-sector jobs last month, more than expected [View all]

Source: CNN

Private-sector job creation bounced back in October, according to a snapshot of the labor market that has become more closely watched in the absence of official federal jobs data.

Payroll processing company ADP on Wednesday estimated that private-sector businesses added an estimated 42,000 jobs last month, a swing into positive territory after back-to-back months of job losses.

“That recovery is tepid, and it is not broad-based,” Nela Richardson, ADP’s chief economist, said during a call with reporters on Wednesday.

Read more: https://www.cnn.com/2025/11/05/economy/us-jobs-private-sector-adp-october

---

I think calling this a "recovery" after two miserable reports is like putting cologne on a turd. We could see these numbers revised down in the future as bad as things are.