Payroll provider ADP said on Thursday that businesses added 158,000 jobs in October, picking up the pace set in the previous month.
ADP said it saw growth in construction, transportation and utilities, financial activities, and services. Manufacturing was the only sector that lost jobs.
The gain of 158,000 jobs shows the job market is holding its own, said Mark Zandi, chief economist for Moody's Analytics, which is working with ADP to create the employment report.
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