ADP National Employment Report: Private Sector Employment Increased by 227,000 Jobs in October
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 227,000
By Company Size
- Small businesses: 29,000
- 1-19 employees 7,000
- 20-49 employees 22,000
- Medium businesses: 96,000
- 50-499 employees 96,000
- Large businesses: 102,000
- 500-999 employees 30,000
- 1,000+ employees 73,000
- Goods-producing: 38,000
- Natural resources/mining 4,000
- Construction 17,000
- Manufacturing 17,000
- Service-providing: 189,000
- Trade/transportation/utilities 61,000
- Information 4,000
- Financial activities 4,000
- Professional/business services 36,000
- Professional/technical services 17,000
- Management of companies/enterprises 4,000
- Administrative/support services 15,000
- Education/health services 31,000
- Health care/social assistance 31,000
- Education 0
- Leisure/hospitality 40,000
- Other services 13,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
- Franchise jobs 13,200
**Complete details on franchise employment can be found here.
"Despite a significant shortage in skilled talent, the labor market continues to grow," said Ahu Yildirmaz, vice president and co-head of the
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The September total of jobs added was revised down from 230,000 to 218,000.
To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.
About the ADP National Employment Report®
The ADP National Employment Report® is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 24 million U.S. workers, is produced by the
Each month, ADP issues the ADP National Employment Report as part of the company's commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.
The data for this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the
For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.
About Moody's Analytics
Moody's Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of
About ADP (NASDAQ: ADP)
Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit ADP.com.
ADP, the ADP logo, ADP A more human resource., ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report, and
Copyright © 2018 ADP, LLC. All rights reserved.
View original content to download multimedia:http://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-increased-by-227-000-jobs-in-october-300741158.html
Allyce Hackmann, ADP, LLC, (201) 400-4583, firstname.lastname@example.org