US private sector employers added 42,000 jobs in October
Figures come a week after Federal Reserve cut interest rates
Figures come a week after Federal Reserve cut interest rates

Lower than expected figure opens door to aggressive Federal Reserve rate cuts

Figure signals improvement in the labour market after string of bleak data releases

Weaker than expected figures from payroll processor ADP highlight weakness in labour market

Figures complicate Fed decision on rates next month

Closely watched spending measure revised higher in GDP data as Fed weighs next move

October ‘Jolts’ figures unlikely to deter the Federal Reserve from cutting interest rates on Wednesday