In news that bodes well for national unemployment, ADP said the private sector added 206,000 jobs. The numebr was expected to be closer to 150,000. National unemployment figures from the government to be released tomorrow will show the extent to which a loss of jobs in the public sector may erode total gains. Austerity at all levels of government have cause jobs losses.
Most of the news jobs were added by small businesses. In that sector, employment rose by 110,000 compared to 84,000 among medium sized businesses and 12,000 at large companies
* Small businesses represent payrolls with 1-49 employees         ** Medium businesses represent payrolls with 50-499 employees         *** Large businesses represent payrolls with more than 499 employees
The services sector dominated jobs additions, with a net rise of 178,000.
The company said in its main announcement
The ADP National Employment Report, created by Automatic Data Processing, Inc. (ADP(R)), in partnership with Macroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month. The estimated gain in employment from September to October was revised up to 130,000 from the initially reported 110,000
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