Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  November 01, 2012 13:55:13, updated

U.S. - the private sector in October created 158,000 new jobs, beating estimates


The private sector in the U.S., according to statistics for ADP in October created 158,000 new jobs compared to 114,000 in September compared to market expectations and set an average of 131,000 jobs in the estimates range from 80 to 170 000th

ADP for October coined a new methodology for processing their statistics. The number of monitored companies from 344 000 to 406 000 employing a total of 23 million workers, representing about 20% of all employees of private companies. ADP first data processing collaborated with Moody's Analytics, and not with Macroeconomi Advisers as before.

Goods production sector, implying a production and construction in October created 14,000 new jobs. This has created 23,000 construction and manufacturing jobs canceled 8000. The service sector has created 144,000 new jobs.The financial sector created 9,000 new jobs, public services, trade and transport to ascribe 24,000 new jobs, enterprise and business services expanded by 35,000 seats.

Large businesses with more than 500 employees created 81,000 new jobs, businesses with 50 to 499 employees added 27,000 jobs and small businesses in 49 states reinforce the 50,000 seats.

Tomorrow will be the government published statistics for the entire economy, from which it is expected to create 125,000 new jobs compared to September's 000th 114
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