Private sector employment in the U.S. increased by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday.

ADP said private sector employment climbed by 143,000 jobs in September after rising by an upwardly revised 103,000 jobs in August.

Economists had expected private sector employment to advance by 120,000 jobs compared to the addition of 99,000 jobs originally reported for the previous month.

Job creation saw a widespread rebound after a five-month slowdown, with only the information sector losing jobs, ADP said.

Cleveland Federal Reserve President Beth Hammack is scheduled to give welcome remarks before the 2024 Minorities in Banking Forum at 9 am ET.

At 10:05 am ET, St. Louis Federal Reserve President Alberto Musalem is due to give welcome remarks before the 2024 Community Banking Research Conference.

The Energy Information Administration is scheduled to release its report on crude oil inventories in the week ended September 27th at 10:30 am ET.

Crude oil inventories are expected to decrease by 2.1 million barrels after tumbling by 4.5 million barrels in the previous week.

At 11 am ET, Federal Reserve Board Governor Michelle Bowman is due to give the keynote speech before the 2024 Community Banking Research Conference.

Richmond Federal Reserve President Thomas Barkin is scheduled to speak on the national economic outlook before the 2024 WilmingtonBiz Conference and Expo at 12:15 pm ET.