ADP National Employment Report: Private Sector Employment Increased by 42,000 Jobs in October; Annual Pay was Up 4.5%

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Source: ADP via PRwire

ADP National Employment Report: Private Sector Employment Increased by 42,000 Jobs in October; Annual Pay was Up 4.5%

ROSELAND, N.J. - November 5, 2025 - Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment Report produced by ADP Research in collaboration with the Stanford Digital Economy Lab {"Stanford Lab"}.

The ADP National Employment Report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States. ADP's Pay Insights captures over 15 million individual pay change observations each month. Together, the jobs report and pay insights use ADP's fine-grained data to provide a representative and high-frequency picture of the private-sector labor market.

"Private employers added jobs in October for the first time since July, but hiring was modest relative to what we reported earlier this year," said Dr. Nela Richardson, chief economist, ADP. "Meanwhile, pay growth has been largely flat for more than a year, indicating that shifts in supply and demand are balanced."

Read more: https://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-42-000-jobs-in-october-annual-pay-was-up-4-5-302605577.html

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https://adpemploymentreport.com/

https://adp-ri-nrip-static.adp.com/artifacts/us_ner/20251105/ADP_NATIONAL_EMPLOYMENT_REPORT_Press_Release_2025_10%20FINAL.pdf