U.S. Economy Added 238,000 Private-Sector Jobs in December, According to ADP National Employment Rep

[mahatmakanejeeves]

Source: Automatic Data Processing, ADP®

ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 238,000 JOBS IN DECEMBER

ROSELAND, N.J. –January 8, 2014 –Private sector employment increased by 238,000 jobs from November to December, according to the December 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.

Goods-producing employment rose by 69,000 jobs in December, up from an upwardly revised figure of 46,000 in November. Construction had its best month since 2006, adding 48,000 to payrolls. Manufacturing was strong as well, but growth slowed slightly to 19,000 in December. Over the course of 2013, goods-producers added 286,000 jobs. Nearly 75 percent of these gains came from construction as the housing recovery accelerated throughout 2013.

Service-providing industries added 170,000 jobs in December, down slightly from an upwardly revised November figure of 182,000. The ADP National Employment Report indicates that professional/ business services contributed the most to growth in service-providing industries, adding 53,000 jobs. This was the largest gain in the industry in a year. Expansion in trade/transportation/utilities slowed slightly, adding 47,000 jobs in December. Private payrolls increased by nearly 1.9 million jobs in the service-providing industries in 2013. The bulk of this increase was split evenly between transportation/trade/utilities and professional/business services. Finance brought up the rear gaining just 59,000 in the last twelve months.

"The U.S. private sector added 238,000 jobs in December, surpassing November as the strongest month for job growth in 2013,”said Carlos Rodriguez, president and chief executive officer of ADP. “It’s encouraging news that hopefully bodes well for 2014."





For the text, please see http://www.adpemploymentreport.com/2013/December/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-December2013-Final-Press-Release.pdf

Read more: http://www.adpemploymentreport.com/2013/December/NER/NER-December-2013.aspx

---

Earlier this week, I'd heard the figure of 200,000 or 215,000 jobs being created.

BLS releases its numbers at 8:30 a.m. on Friday.

[Stuart G]

1. Proud to be one of the first to K and R this

great news!!!!

[politicman]

2. second chart

WOW, that second chart illustrates perfectly just how bad Bush left the economy, and how Obama really saved the country.

[Skink]

3. Obamacare creates job boom

Stocks up

[dotymed]

7. Yep, "stocks up" but

not employee pay, benefits or Unions (that drastically help workers earn a living wage).

It's "the roaring 20's" all over again...IMO

[CountAllVotes]

8. +1

n/t

[jschurchin]

4. Isn't December when retailers hire for Christmas?

Just wondering how many of those figures are just temp's for the holiday season? I know in my industry we furloughed in December. I can assure you none of those figures are railroaders.

[Blue_Adept]

5. No

Christmas hiring starts a lot earlier. They don't hire just in December, especially when you consider the way retail, distribution and other secondary channels work.

[Skink]

9. the temps this year were dec only

not a normal year

[pampango]

6. "Manufacturing was strong as well, but growth slowed slightly to 19,000 in December."

Goods-producing employment rose by 69,000 jobs in December, up from an upwardly revised figure of 46,000 in November. Construction had its best month since 2006, adding 48,000 to payrolls. Manufacturing was strong as well, but growth slowed slightly to 19,000 in December. Over the course of 2013, goods-producers added 286,000 jobs.

http://online.wsj.com/article/PR-CO-20140108-906096.html

[Drew2510]

10. Well, it "tis the season." n/t

[RussBLib]

11. looking for a jobs report for the whole of 2013

Every month in 2013 had positive job gains, but I haven't found anything yet to say how many jobs were created for the whole year. Then let's compare it to Year 5 of the Bush nightmare.

[hughee99]

12. In Year 5 of the Bush nightmare (2006)

Unemployment dropped from 4.7 in January to 4.4 in December. I'm not sure how many jobs were created, though.