The company "ADP" announced in the media that the creation of jobs in the private sector reached its highest level in over a year in October.
This news came after a report indicated that private employers added 571,000 new jobs just in October. This figure proved to be better than expected by analysts, who had predicted the creation of around 450,000 jobs.
"These impressive results testify to the resilience and long-term stability of the labor market," stated the chief economist of "ADP."
Data also showed that the majority of new jobs were created in small and medium-sized businesses, and only a small part in large companies.
