Payrolls rose by 365,000 jobs last month.

That's much less than the 650,000 economists had forecast.

It's an early sign of a slowdown in economic activity as co vid 19 infection surge and fiscal stimulus diminishes the moderation in the labor market.

Recovery is in line with analyst expectations for a sharp deceleration and economic growth in the final three months of the year.

After rebounding in the third quarter, the ADP report comes just ahead of the government's closely washed jobs report on Friday.

Economists expect private payrolls in that report as well.

The overall payrolls tally toe also show a slowdown in growth from September.