#ADPJobsSurge According to Golden Ten, the US ADP employment data for October shows an increase of 42,000 new jobs, exceeding expectations of 25,000 and marking the strongest monthly rise since July 2025.
The rebound highlights stability in private sector hiring despite macroeconomic uncertainty and tight monetary conditions. Analysts suggest that these strong numbers could complicate expectations for additional rate cuts, as sustained labor strength could maintain inflationary pressures.
Markets are now awaiting the upcoming non-farm payroll report, which will provide further clarity on overall employment trends and potential implications for Federal Reserve policy direction.