ADP Reports 42,000 Job Increase in October 2025
Slice of Finance Team
11/06/2025
Key highlights
- 42,000 jobs added in October 2025
- Annual pay growth at 4.5%
- Education and health care sectors led growth
- Job losses in professional services and leisure
- Large establishments saw a 73,000 job increase
Source: PR Newswire
Notable Quote
“ Private employers added jobs in October for the first time since July, but hiring was modest relative to what we reported earlier this year. ”
Dr. Nela Richardson, Chief Economist at ADP
Why this matters
This report highlights the current state of the U.S. labor market, indicating a modest recovery in job growth while also reflecting ongoing challenges in certain sectors. Understanding these trends is crucial for businesses and policymakers. This development is particularly significant for the finance sector.
