The uptick in hiring was primarily driven by the education, health care, leisure, and hospitality sectors, which collectively helped offset losses elsewhere. Despite the overall growth, specific industries faced headwinds; financial activities shed 16,000 positions, while professional and business services saw a decline of 11,000 jobs. Regionally, the Northeast led the national performance by adding 56,000 jobs, a stark contrast to more modest gains in other parts of the country.
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Private-Sector Hiring Rebounds as September Adds 90,000 Jobs
U.S. private-sector employment grew by 90,000 jobs in September, signaling a rebound in hiring after a three-month slowdown. According to the latest ADP National Employment Report, the labor market showed resilience as base pay for workers rose 3.2% year-over-year, alongside a 4.7% increase in gross pay.
Dr. Nela Richardson, chief economist at ADP, characterized the data as a strong showing for the labor market. Beyond the raw employment numbers, the report highlighted persistent wage pressure. Job-changers saw their base pay increase by 4.8%, while those who remained in their current roles received a 3.0% raise. These figures reflect a high-frequency snapshot of the U.S. labor market, derived from anonymized payroll data covering over 26 million employees.
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