ADP's private payroll report exceeded economist expectations for September, showing 143,000 jobs added in the private sector versus the estimated 125,000. ADP Chief Economist Nela Richardson joins Wealth! to analyze ADP's list of the nation's five hottest labor markets.

Richardson emphasizes that job markets are "localized" and vary significantly by city. Based on metrics including new hire wages, pay growth, and hiring rates, Denver, Colorado, emerged as the hottest labor market, boasting "the fastest growth rate." The other top markets include:

Oklahoma City, Oklahoma

Portland, Oregon

Las Vegas, Nevada

Seattle, Washington

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This post was written by Angel Smith