Private sector employment in the U.S. increased by more than expected in the month of October, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 239,000 jobs in October after climbing by a downwardly revised 192,000 jobs in September. The bigger than expected increase in private sector employment reflected a surge in employment in the leisure and hospitality sector, which added 210,000 jobs. Employment in the trade, transportation and utilities sector also climbed by 84,000 jobs, while employment in the manufacturing sector fell by 20,000 jobs. Powered by Commodity Insights
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