ADP National Employment Report Shows 176,000 Jobs Added in August
Source: Automatic Data Processing, ADP®
ROSELAND, N.J. – September 5, 2013 – Private sector employment increased by 176,000 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®, a leading global provider of Human Capital Management (HCM) solutions, 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. July’s job gain was revised down slightly from 200,000 to 198,000.
Goods-producing employment rose by 11,000 jobs in August, at roughly half the growth rate of the previous month. Construction payrolls added 4,000 jobs, while manufacturing payrolls increased by 5,000, rebounding from a decline in July.
Service-providing industries added 165,000 jobs in August, down from 176,000 in July. Gains were broad-based across industries. Among the service industries reported by the ADP National Employment Report, professional/business services added the most jobs with 50,000 over the month. Trade/transportation/utilities services saw an increase of 40,000 jobs, while financial activities showed a modest gain of 1,000 jobs, the category’s smallest monthly increase since June of 2012.
"The U.S. private sector added 176,000 jobs in August, as companies of all sizes expanded their payrolls over the previous month," said Carlos A. Rodriguez, president and chief executive officer of ADP. “The August job gains are in line with the monthly average over the last 12 months.”
Read more: http://www.adpemploymentreport.com/2013/August/NER/NER-August-2013.aspx
Good morning, Freepers and DUers alike. I especially welcome viewers from across the aisle. Please, everyone, put aside your differences long enough to digest the information. After that, you can engage in your usual donnybrook.
What is important about these statistics is not so much this month’s number, but the trend. So let’s look at some earlier numbers.
ADP, for employment in July 2013:
U.S. Economy Added 200,000 Private-Sector Jobs in July, According to ADP National Employment Report
http://www.democraticunderground.com/1014553108
Bureau of Labor Statistics, for employment in April 2013:
April payroll employment increases by 165,000; unemployment rate changes little (7.5%)
http://www.democraticunderground.com/111634764
ADP, for employment in April 2013:
US Economy Added 119000 Private-Sector Jobs in April, According to ADP National Employment Report http://www.democraticunderground.com/1014470978
BLS, for employment in March 2013:
March payroll employment edges up (+88,000); unemployment rate changes little (7.6%)
http://www.democraticunderground.com/1014445294
ADP, for employment in March 2013:
U.S. Economy Added 158,000 Private-Sector Jobs in March, According to ADP National Employment Report
http://www.democraticunderground.com/1014442827
BLS, for employment in February 2013:
February payroll employment rises (+236,000); unemployment rate edges down (7.7%)http://www.democraticunderground.com/1014419050
ADP, for employment in February 2013:
U.S. Economy Added 198,000 Private-Sector Jobs in February, According to ADP Employment Report
http://www.democraticunderground.com/111631869
BLS, for employment in January 2013:
January payroll employment rises (+157,000); jobless rate essentially unchanged (7.9%)http://www.democraticunderground.com/1014387295
ADP, for employment in January 2013:
U.S. Economy Added 192,000 Private-Sector Jobs in January, According to ADP National Employment Repo
http://www.democraticunderground.com/1014384927
OK, that's enough.
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