ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in September
Source: ADP® (Automatic Data Processing)
ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in September
ROSELAND, N.J. September 30, 2015 Private sector employment increased by 200,000 jobs from August to September according to the September 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 Moodys Analytics. The report, which is derived from ADPs 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 37,000 jobs in September, less than half of the August gain. Employment among companies with 50-499 employees increased by 56,000 jobs, 18,000 fewer than the previous month. Employment gains at large companies those with 500 or more employees rose dramatically from August, adding 106,000 jobs in September. However, companies with 500-999 lost 3,000 jobs. Companies with over 1,000 employees added 109,000 jobs, accounting for over half the total jobs added for the month.
Goods-producing employment rose by 12,000 jobs in September, off from 15,000 the previous month. The construction industry added 35,000 jobs in September, almost double the 18,000 gained in August. Meanwhile, manufacturing dropped into negative territory losing 15,000 jobs in September, the worst showing since December 2010.
Service-providing employment rose by 188,000 jobs in September, up from 172,000 in August. The ADP National Employment Report indicates that professional/business services contributed 29,000 jobs in September, nearly even with Augusts 30,000 jobs gained. Trade/transportation/utilities grew by 39,000, up from 25,000 the previous month. The 15,000 new jobs added in financial activities was on par with last months 14,000.
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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/September/NER/NER-September-2015.aspx
[font color="red"]Highlights:
Payrolls for businesses with 49 or fewer employees increased by 37,000 jobs in September, less than half of the August gain.
Meanwhile, manufacturing dropped into negative territory losing 15,000 jobs in September, the worst showing since December 2010.[/font]
[center]Past Performance is Not a Guarantee of Future Results.[/center]
Nonetheless, what is important is not this month's results, but the trend. Lets look at some earlier numbers:
Bureau of Labor Statistics, for employment in August 2015:
Payroll employment rises by 173,000 in August; unemployment rate edges down to 5.1%
ADP® (Automatic Data Processing), for employment in August 2015:
ADP National Employment Report: Private Sector Employment Increased by 190,000 Jobs in August
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
Fred Sanders
(23,946 posts)High employment and a growing economy with rising pay are NOT the dreams of any wannabe fascist or theocratic true believer feverishly enraptured with power-lust, as history teaches.