The number of jobs added by US private payroll growth by 42,000 during the month and bounced back after losing 29,000 jobs in September. This figure was also higher than what was predicted by the Dow Jones forecast, which predicted the creation of 22,000 new jobs. ADP payroll report that the losses in September were actually higher by 3,000 than the previous figures, following an unintentional adjustment.

The bulk of the gains in October was in the transportation, trade, and utilities sector, which added 47,000 positions. Health and education saw gains of 26,000 while the financial industry also witnessed rise, adding 11,000 positions.

But, the overall picture was not rosy across all sectors. Despite the US employment growth driven by artificial technology in the tech world Information

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