Private sector employment in the U.S. saw a significant increase in September, surpassing expectations, according to a report released by payroll processor ADP on Wednesday.
ADP reported that private sector employment rose by 143,000 jobs in September, following an upward revision to 103,000 jobs added in August.
Economists had projected an increase of 120,000 jobs for September, in contrast to the initially reported 99,000 jobs for August.
Job creation experienced a broad-based recovery after a five-month slowdown, although the information sector continued to shed jobs, according to ADP.
