BUSINESS
11/02/2011 08:53 am ET | Updated Jan 02, 2012

ADP: Private Sector Adds 110K Jobs In October, Beating Expectations

NEW YORK - U.S. private-sector employers added 110,000 jobs in October, beating economists' expectations, a report by a payrolls processor showed on Wednesday.

Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 101,000 jobs. September's private payrolls were revised up to an increase of 116,000 from the previously reported 91,000.

The report is jointly developed with Macroeconomic Advisers LLC.

(Reporting by Leah Schnurr, Editing by Chizu Nomiyama)

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