The U.S. economy added 235,000 private, non-farm jobs in October according to the monthly employment report released this morning by payroll-management firm ADP and its partner Moody’s Analytics. The seasonally adjusted result is 125,000 positions greater than September’s downwardly revised addition of 110,000 jobs, and marks a 112,421-position increase over the previous September, when 122,579 jobs were created.
“The job market rebounded strongly from the hit it took from Hurricanes Harvey and Irma,” said Mark Zandi, chief economist of Moody’s Analytics in a press release. “Resurgence in construction jobs shows the rebuilding is already in full swing. Looking through the hurricane-created volatility, job growth is robust.”