Private payrolls grew at a faster-than-expected pace in October, but the solid growth was offset by a sharp downward revision for the previous month.
Companies hired 125,000 employees in October, data released Wednesday by ADP and Moody's Analytics showed. Economists polled by Dow Jones expected an increase of 100,000 payrolls.
Payrolls within the services sector increased by 138,000 this month, led by a 41,000 increase in the education and health services space. Trade, transportation and utilities businesses added another 32,000 payrolls.
France Dernières Nouvelles, France Actualités
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