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Economic Report: U.S. creates 227,000 private-sector jobs in October, ADP says

The numbers: ADP on Wednesday reported 227,000 new private-sector jobs in October. Economists polled by Econoday had expected 178,000 new jobs.

The September total for jobs added was revised down from an initial 230,000 to 218,000, ADP said.

What happened: Large businesses, meaning those with about 500 employees or more, led the way, as they added 102,000 jobs. Mid-sized enterprises (50-499 employees) added 96,000 positions, while small employers, or those with one to 49 workers, tacked on 29,000 jobs.

Among sectors, about 61,000 jobs were added in the trade, transportation and utilities category, while the leisure and hospitality category was another top performer, reporting 40,000 new jobs.

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