US private payrolls up average 14,250 in 4 weeks to Oct 11

U.S. private payrolls increased by an average 14,250 jobs in the four weeks ending October 11, the ADP National Employment Report's inaugural weekly preliminary estimate showed on Tuesday.

ADP said in a statement it would be publishing a weekly preliminary estimate of the ADP National Employment Report every Tuesday effective October 28, based on its high frequency data.

"The preliminary U.S. estimate will provide a four-week moving average of the latest total private employment change, offering the most current, representative picture of the private-sector labor market," ADP said.

REUTERS