ADP · News · 20261104N

Macroeconomic Factors Impact

AUTOMATIC DATA PROCESSING INC · 2026-11-04 · Importance 22 · Surprise 32

ADP’s October National Employment Report, produced with the Stanford Digital Economy Lab, showed U.S. private-sector employment increased by 86,000 jobs, matching September’s revised gain and exceeding economists’ expectation of 67,000. ADP Pay Insights showed base pay rose 3.2% year over year and gross pay rose 4.7%. Healthcare and education added 28,000 jobs, while trade, transportation, and utilities added 39,000.

Key facts

• ADP’s October National Employment Report showed U.S. private-sector employment increased by 86,000 jobs. source
• ADP Pay Insights reported that private-sector base pay rose 3.2% and gross pay rose 4.7% year over year. source
• ADP reported that private companies added 86,000 jobs in October, matching a revised 86,000-job gain in September; economists had expected 67,000 new jobs. source
• ADP reported that October private-sector base wages rose 3.2%, while gross pay rose 4.7%. source
• Healthcare and education added 28,000 jobs in the month, according to the ADP employment report. source
• Trade, transportation, and utilities added 39,000 jobs, according to the ADP employment report. source
• ADP private payrolls rose by 86,000 in October, following a matching 86,000-job gain in September. source
• The ADP National Employment Report is based on anonymized weekly payroll data from more than 26 million U.S. private-sector employees. source