Investing.com - U.S. non-farm private employment rose more-than-expected in October, industry data showed on Thursday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 158,000 in October, surpassing expectations for an increase of 135,000.
The previous month’s figure was revised down to a gain of 88,200 from a previously reported increase of 162,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD easing up 0.01% to trade at 1.2961.
Meanwhile, U.S. stock index futures held on to mild gains. The Dow Jones Industrial Average futures pointed to an increase of 0.1% at the open, S&P 500 futures indicated a flat open, while the Nasdaq 100 futures signaled a 0.3% advance.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 158,000 in October, surpassing expectations for an increase of 135,000.
The previous month’s figure was revised down to a gain of 88,200 from a previously reported increase of 162,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar was little changed against the euro, with EUR/USD easing up 0.01% to trade at 1.2961.
Meanwhile, U.S. stock index futures held on to mild gains. The Dow Jones Industrial Average futures pointed to an increase of 0.1% at the open, S&P 500 futures indicated a flat open, while the Nasdaq 100 futures signaled a 0.3% advance.