Payrolls Up 162,000 in September, ADP Says

Companies added more workers than expected, led by those with fewer than 500 employees.

Companies added more workers than projected in September, evidence the labor market may be perking up, a private report based on payrolls showed.

The 162,000 increase in employment followed a revised 189,000 jump in August, figures from Roseland, New Jersey-based ADP Employer Services showed today. The median forecast of 38 economists surveyed by Bloomberg projected a 140,000 advance.

Fed’s Plan

Federal Reserve Chairman Ben S. Bernanke this week renewed the central bank’s pledge to sustain record stimulus to support the labor market even if the U.S. expansion gains strength.

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