
US private payrolls rose by 86,000 jobs in October 2026, beating market forecasts and pointing to a second straight month of solid hiring, according to the ADP National Employment Report released on Wednesday, November 4. The result matched September's increase, revised down from 90,000 to 86,000, and came in above the roughly 69,000 gain economists had expected. The report, produced by ADP Research with the Stanford Digital Economy Lab, is based on anonymised weekly payroll data covering more than 26 million US private-sector employees.
Behind the headline, hiring spread across employers of all sizes, even as professional and business services lost jobs for a third consecutive month. Pay growth also strengthened, particularly for workers who changed jobs, a group ADP chief economist Dr. Nela Richardson singled out. Taken together, the figures suggest a labour market still adding jobs at a steady pace, rather than cooling sharply.
The ADP report was published at 8:15 a.m. ET on Wednesday, November 4, 2026. It showed private-sector employment rising by 86,000 in October, about 17,000 jobs stronger than the consensus forecast of roughly 69,000. The revision to September meant the two months now look like a pair of identical, steady gains rather than a slowdown followed by a rebound.
The breadth of hiring was notable. ADP reported solid growth for a second month, with employers of all sizes adding staff. That breadth matters because a gain driven by only one size of business, or only one industry, can be fragile. The exception was professional and business services, which lost jobs for a third month in a row, a reminder that hiring is not uniform across the economy.
Pay data added a second encouraging signal. Base pay rose 3.2% compared with a year earlier, while gross pay rose 4.7%. For workers who stayed in their jobs, pay growth was steadier. For workers who moved, it accelerated. ADP said job-changers were lured by bonuses, overtime and more hours as well as higher base pay, and their earnings growth reached its fastest pace since March 2024.
The ADP report has long served as an early, private-sector snapshot ahead of the government's official employment release. It draws on real payroll records rather than surveys alone, covering more than 26 million private-sector employees each week. Analysts treat it as a guide to direction and momentum, not as a precise preview of the official count.
Hiring has cooled from the rapid pace of the earlier post-pandemic recovery, but it has not collapsed. Recent official data have shown a similar pattern: modest job gains, low but steady layoffs, and wage growth that is uneven across industries. The recent fall in weekly jobless claims to 194,000 pointed in the same direction, a labour market sluggish in places but not deteriorating quickly.
Stripped to its essentials, the October ADP report shows three things. First, hiring held up: an 86,000 gain, repeated for a second month, is not boom-time hiring, but it is not the kind of stall that signals a labour market in trouble. Second, the beat versus forecasts was modest but meaningful. Third, pay for movers accelerated to its fastest pace since March 2024, suggesting competition for talent has not gone away.
ADP chief economist Dr. Nela Richardson highlighted the role of job-changers, noting that they were lured by bonuses, overtime and more hours as well as higher base pay, and that their earnings growth hit its fastest pace since March 2024. Market reaction was muted for the dollar, which slipped despite the stronger headline, as traders focused on the Democrats' midterm sweep. Economists will now turn to Friday's official nonfarm payrolls report for confirmation.
Jobs data matter because they touch almost every household. Employment determines income, income determines spending, and spending drives a large share of the US economy. A report showing 86,000 new private-sector jobs, with pay rising, suggests that engine is still running, even if not at full speed. The Federal Reserve also watches hiring and wage growth closely when setting interest rates.
The immediate next step is Friday's official nonfarm payrolls report, showing total employment, including government jobs, the unemployment rate and official wage growth. Beyond Friday, attention will turn to whether professional and business services can return to growth, and whether job-changer pay growth stays at its fastest pace since March 2024. Readers can also follow our coverage of the cross-country storm affecting more than 35 states this week and the latest US sports headlines on US News Pulse.
Private-sector employment increased by 86,000 jobs in October 2026, according to ADP, matching September's revised gain and beating forecasts of about 69,000.
It is a monthly report by ADP Research with the Stanford Digital Economy Lab, based on payroll data for more than 26 million US private-sector employees, watched as an early indicator ahead of the official payrolls report.
Base pay rose 3.2% from a year earlier in October, while gross pay rose 4.7%. Earnings growth for job-changers hit its fastest pace since March 2024.
Professional and business services lost jobs for a third consecutive month, even as employers of all sizes hired overall.
The official nonfarm payrolls report, covering private and public employment, is due on Friday, following ADP's release on Wednesday, November 4, 2026.