Company Job Growth Best Since June

November 3, 2021Article Source: CNBCWritten By: Jeff Cox

A picture of a newspaper with the word "Jobs" at the top of the page. A pair of reading glasses, a magnifying glass and a red marker all sit on top of the newspaper. The words "We Are Hiring" are visible under the magnifying glass.

Private sector job creation popped higher in October thanks to a burst in hiring in the hospitality sector, payroll processing firm ADP reported Wednesday.

Companies added 571,000 for the month, beating the 395,000 Dow Jones estimate and just ahead of September’s downwardly revised 523,000. It was the best month for jobs since June.

Leisure and hospitality, a category that includes bars, restaurants and hotels, saw a gain of 185,000 jobs. For the full CNBC story, click here.

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Company Job Growth Best Since June

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