ADP National Employment Report: Private Sector Employment Increased by 214,000 Jobs in February

[mahatmakanejeeves]

Source: Automatic Data Processing

ADP National Employment Report: Private Sector Employment Increased by 214,000 Jobs in February

Private-sector employment increased by 214,000 from January to February, on a seasonally adjusted basis.

ROSELAND, N.J. – March 2, 2016 – Private sector employment increased by 214,000 jobs from January to February according to the February 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.
....

Total Employment

Change in Nonfarm Private Employment



Historical Trend

Change in Total Nonfarm Private Employment



Source: Automatic Data Processing, ADP®

Read more: http://www.adpemploymentreport.com/2016/February/NER/NER-February-2016.aspx

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I keep adding the source for this, but the text editing software refuses to accept it. It shows up in the "Preview" mode, but it's deleted in the final version. I had this problem last month too. I don't know what's wrong. Can someone look into this? Thanks.

MarketWatch reported a median forecast of a gain of 185,000 from ADP and 198,000 from BLS on Friday.


[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 January 2016:

Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

ADP® (Automatic Data Processing), for employment in January 2016:

ADP National Employment Report: Private Sector Employment Increased by 205,000 Jobs in January

Bureau of Labor Statistics, for employment in December 2015:

Payroll employment rises by 292,000 in December; unemployment rate unchanged at 5.0%

ADP® (Automatic Data Processing), for employment in December 2015:

ADP National Employment Report: Private Sector Employment Increased by 257,000 Jobs in December

Bureau of Labor Statistics, for employment in November 2015:

Payroll employment rises by 211,000 in November; unemployment rate unchanged at 5.0%

ADP® (Automatic Data Processing), for employment in November 2015:

ADP National Employment Report: Private Sector Employment Increased by 217,000 Jobs in November

Bureau of Labor Statistics, for employment in October 2015:

Payroll employment rises by 271,000 in October; jobless rate essentially unchanged (5.0%)

ADP® (Automatic Data Processing), for employment in October 2015:

ADP National Employment Report: Private Sector Employment Increased by 182,000 Jobs in October

Bureau of Labor Statistics, for employment in September 2015:

Payroll employment rises by 142,000 in September; unemployment rate remains at 5.1%

ADP® (Automatic Data Processing), for employment in September 2015:

ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in September

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

[ArizonaLib]

1. Good info

Thanks for posting these. Sorry I can't help with the tech problem (I'm an old geezer). I do remember that no republican president has left office with unemployment below 6% and no democratic president has left office with unemployment above 5 since FDR.

[bluestateguy]

2. Didn't Carter leave with about 7.5% unemlpoyment?

Of course, it was really inflation, high interest rates and the oil shock that doomed Carter. And the hostages too.

[ArizonaLib]

3. Yes you are correct - my bad

He was unable to change the Nixon/Ford rate he inherited of 7.5% he beat OPEC's price fix by putting natural gas reserves on the market, and Reagan's republican operatives made a deal with Iran to wait until after the election to release the hostages, a relationship between Reagan's operatives and the conservative Iranian religious regime that lasted through the Iran Contra scandal.

There's no disputing the rate. Thanks!!!