Private companies added just 42,000 jobs October, payroll processor ADP said Wednesday, a fresh datapoint that highlights continued tightness in the labor market but one that is better than some previous months.

The ADP report, which does not include public sector workers and only covers employment at private companies, is one of the few data points available as the government shutdown drags on.

That impasse has led to the temporary closure of the Bureau of Labor Statistics, which still has not released last month’s jobs report and likely won’t release the jobs report that would have normally been released on Friday.

Business Oct 30

TENS OF THOUSANDS OF LAYOFFS ARE BEING BLAMED ON AI. EXPERTS SAY THERE MAY BE MORE TO THE STORY.

Economy Oct 29

FEDERAL RESERVE CUTS KEY RATE AS GOVERNME

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