Contrary to an anxiety-inducing vision built by layoffs backed by tech giants, 42,000 US private sector jobs were added in October, as per payroll provider ADP’s latest data. Figures released Wednesday (US time), marked the first positive growth in three months.

They also confirmed that annual pay was up 4.5% year-over-year for those who stayed in their jobs, marking no upward growth as it was the same as recorded in September. On the other hand, those who switched their jobs encountered a 6.7% increase, recording a slight rise from earlier.

“Private employers added jobs in October for the first time since July, but hiring was modest relative to what we reported earlier this year,” said Dr Nela Richardon, chief economist, ADP, in a statement. ““Meanwhile, pay growth has been largely

See Full Page