ADP National Employment Report: Private Sector Employment Increased by 190,000 Jobs in August
Source: ADP® (Automatic Data Processing)
ROSELAND, N.J. – September 2, 2015 – Private sector employment increased by 190,000 jobs from July to August according to the August ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
Payrolls for businesses with 49 or fewer employees increased by 85,000 jobs in August, an increase of over one-third from July. Employment among companies with 50-499 employees increased by 66,000 jobs, 5,000 more than the previous month. Employment gains at large companies – those with 500 or more employees – fell from July, adding 40,000 jobs in August, down from 53,000. Companies with 500-999 added 5,000 jobs. Companies with over 1,000 employees added 34,000 jobs.
Goods-producing employment rose by 17,000 jobs in August, more than double the 7,000 gained in July. The construction industry added 17,000 jobs in August, up from 15,000 last month. Meanwhile, manufacturing added 7,000 jobs in August, after gaining only 1,000 in July.
Service-providing employment rose by 173,000 jobs in August, up slightly from 170,000 in July. The ADP National Employment Report indicates that professional/business services contributed 29,000 jobs in August, up 3,000 from July. Trade/transportation/utilities grew by 28,000, down from 34,000 the previous month. The 13,000 new jobs added in financial activities was a gain from last month’s 10,000.
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Total Employment
Change in Nonfarm Private Employment
Historical Trend
Change in Total Nonfarm Private Employment
Read more: http://www.adpemploymentreport.com/2015/August/NER/NER-August-2015.aspx
[center]Past Performance is Not a Guarantee of Future Results.[/center]
Nonetheless, what is important is not this month's results, but the trend. Let’s look at some earlier numbers:
Bureau of Labor Statistics, for employment in July 2015:
Payroll employment rises by 215,000 in July; unemployment rate unchanged at 5.3%
ADP® (Automatic Data Processing), for employment in July 2015:
ADP National Employment Report: Private Sector Employment Increased by 185,000 Jobs in July
Bureau of Labor Statistics, for employment in June 2015:
Payroll employment rises by 223,000 in June; unemployment rate declines to 5.3%
ADP® (Automatic Data Processing), for employment in June 2015:
ADP National Employment Report: Private Sector Employment Increased by 237,000 Jobs in June
Bureau of Labor Statistics, for employment in May 2015:
Payroll employment rises by 280,000 in May; unemployment rate essentially unchanged (5.5%)
ADP® (Automatic Data Processing), for employment in May 2015:
ADP National Employment Report: Private Sector Employment Increased by 201,000 Jobs in May
Bureau of Labor Statistics, for employment in April 2015:
Payroll employment rises by 223,000 in April; jobless rate essentially unchanged (5.4%)
ADP® (Automatic Data Processing), for employment in April 2015:
ADP National Employment Report: Private Sector Employment Increased by 169,000 Jobs in April
Bureau of Labor Statistics, for employment in March 2015:
Payroll employment increases by 126,000 in March; unemployment rate unchanged at 5.5%
ADP® (Automatic Data Processing), for employment in March 2015:
ADP National Employment Report: Private Sector Employment Increased by 189,000 Jobs in March
Bureau of Labor Statistics, for employment in February 2015:
Payroll employment increases in February (+295,000); unemployment rate edges down to 5.5%
ADP® (Automatic Data Processing), for employment in February 2015:
ADP National Employment Report: Private Sector Employment Increased by 212,000 Jobs in February