Private payrolls were weaker than forecasted in October with just 113,000 jobs created, while pay growth reached the slowest pace in 2 years. Almost all the growth came in service-providing industries, with goods-producing companies only adding 6,000 jobs. ADP noted that “while the labor market has slowed, it's still enough to support strong consumer spending.” #adp #job #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow