U.S. Employers Added 125,000 Jobs in October, ADP Report Shows

Companies added more workers to payrolls than expected in October, underscoring how the labor market continues to grow at a robust, but moderating, pace.

Businesses’ payrolls increased by 125,000 after a downwardly revised 93,000 gain in September, according to data out Wednesday by the ADP Research Institute. That exceeded the median estimate in a Bloomberg survey of economists that had called for a 110,000 gain.

Key Insights

• While the ADP report never directly correlates with the Labor Department’s monthly employment report, the two measures may diverge more than usual this month given differences in accounting for the GM strike. The ...