Private-sector data for October payrolls revealed that U.S. businesses saw a rebound in employment numbers after two months of job losses, but the scale of the recovery remains modest and far from signaling a strong labor resurgence.
The ADP National Employment Report showed that 42,000 jobs were added last month, a clear reversal from the 32,000 jobs lost in September and exceeding economists' consensus forecast of 25,000.
