US private sector created 213,000 jobs in September - UPDATE
The US private sector created 213,000 jobs in September, led by job creation amongst small businesses and manufacturing, according to the latest data available from ADP.
From a sector stand-point the most intense hiring took place in manufacturing (+35,000), although construction saw employment rise by 20,000 people and financial activities in general by another 5,000.
Small businesses increased their number of staff by 88,000, large businesses by 77,000 and medium-sized ones by 48,000.
"The 213,000 rise in the ADP’s measure of US private payroll employment in September, up from 202,000 in August, supports our view that the disappointing 142,000 gain in official payrolls last month was just a blip," Capital Economics said.
The data comes ahead of Friday's non-farm payrolls, a widely followed report for gauging the health of the world's biggest economy. Economists expected the report to show employers added 218,000 jobs in September, compared to 142,000 in August.