Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of October.ADP said private sector employment jumped by 571,000 jobs in October after surging by a revised 523,000 jobs in September.Economists had expected private sector employment to climb by 400,000 jobs compared to the addition of 568,000 jobs origina...
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.