US private sector job growth surged in October, despite fears of temporary disruptions from hurricanes and strikes.
Private sector employment rose by 233,000 jobs last month after rising by 159,000 in September, according to the ADP National Employment Report released on Wednesday.
Economists polled by Reuters had forecast an increase in private sector employment of 114,000 positions compared with the 143,000 increase reported in September.
The ADP report, developed in conjunction with the Stanford Digital Economy Lab, is published ahead of a more comprehensive jobs report from the Labor Department's Bureau of Labor Statistics for October due on Friday.
There is not much correlation between the ADP jobs report and the NFP. Last month's job growth may have been temporarily affected by Hurricanes Helene and Milton and a strike by factory workers in the aerospace industry.
Private sector employment is expected to rise by 90,000 jobs in October after rising 223,000 in September, according to a Reuters poll of economists. With additional increases expected in government employment, nonfarm payrolls were estimated to have increased by 115,000 jobs last month after a 254,000 increase in September.
The unemployment rate is projected to remain unchanged at 4.1%.
