According to ADP data, in October, U.S. private enterprises added 42,000 jobs, the largest employment growth since July 2025, and higher than the expected 25,000.

This growth indicates that, despite challenges in the economy and still high interest rates, hiring in the private sector remains strong.

Experts say that such strong employment data may make it more difficult for the Federal Reserve to lower interest rates quickly, as a robust job market could continue to drive up inflation.

Currently, investors are waiting for the official U.S. non-farm payroll report to see how this will impact the Federal Reserve's future policy decisions.