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Private payrolls rose last month at the fastest rate since June, in a signal that more Americans are returning to work.
The ADP National Employment Report showed private payrolls increased by 568,000 jobs in September. Economists polled by Reuters had forecast private payrolls would increase by 428,000 jobs.
The service sector saw the strongest gains, with leisure and hospitality businesses adding a whopping 226,000 jobs after months of struggling to find willing workers.
The hiring boom followed the expiration of federal supplemental unemployment benefits in the first week of September, which many business owners had blamed for discouraging people from seeking work.
More schools have now also reopened, easing the childcare concerns that kept many parents out of the workforce.
The ADP National Employment Report showed private payrolls increased by 568,000 jobs in September
'In short, it looks like the gain in employment will qualify as 'decent', which is the threshold Fed Chair Jerome Powell has suggested to push ahead with a QE tapering announcement at the late-November meeting,' said Paul Ashworth, chief
