ADP says 156,000 private-sector jobs added created in July
Source: MarketWatch
ADP says 156,000 private-sector jobs added created in July
Published: July 31, 2019 8:45 a.m. ET
Companies still hiring at steady but slower pace
By JEFFRY BARTASH
REPORTER
The numbers: The nation’s businesses created 156,000 private-sector jobs in July, payroll processor ADP said Wednesday, showing that companies are still willing to hire despite stiffer headwinds for the economy such as the ongoing trade spat with China.
Economists polled by Econoday had forecast a gain of 155,000.
Some 112,000 private-sector jobs were added in June, according to revised figures. ADP originally put the increase at a seasonally adjusted 102,000.
ADP is the country’s largest processor of paychecks for thousands of companies and millions of workers. Its report, produced with the help of Moody’s Analytics, helps evaluate the health of the U.S. labor market.
What happened: Big companies added 78,000 jobs, mid-sized firms took on 67,000 new workers and small businesses hired 11,000 people.
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Read more: https://www.marketwatch.com/story/adp-says-156000-private-sector-jobs-added-created-in-july-2019-07-31
https://www.adpemploymentreport.com/
https://www.adpemploymentreport.com/2019/July/NER/NER-July-2019.aspx
Total Employment
Change in Nonfarm Private Employment
[CHART] Change in Nonfarm Private Employment
Historical Trend
Change in Total Nonfarm Private Employment
[CHART] Historical Trend - Change in Total Nonfarm Private Employment
Change By Company Size
Change in Total Nonfarm Private Employment by Company Size
[CHART] Change in Total Nonfarm Private Employment by Company Size
ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in July
Private-sector employment increased by 156,000 from June to July, on a seasonally adjusted basis.
ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in July ROSELAND, N.J. – July 31, 2019 – Private sector employment increased by 156,000 jobs from June to July according to the July ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® 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.
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the current U.S. population growth rate is approximately 170,000 per month for perspective.
That does not necessarily translate into 170,000 new jobs needed, though......
Thanks for creating the OP, mahatmakanejeeves!
