U.S. Economy Added 281,000 Private-Sector Jobs in June, According to ADP National Employment Report.

[mahatmakanejeeves]

Source: ADP®, Automatic Data Processing

ADP NATIONAL EMPLOYMENT REPORT: PRIVATE SECTOR EMPLOYMENT INCREASED BY 281,000 JOBS IN JUNE

ROSELAND, N.J. –July 2, 2014 –Private sector employment increased by 281,000 jobs from May to June according to the June 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 51,000 jobs in June, up from 31,000 jobs gained in May. The construction industry added 36,000 jobs over the month, more than double the May number. Meanwhile, manufacturing added 12,000 jobs in June, up slightly from last month.

Service-providing employment rose by 230,000 jobs in June, up from 148,000 in May. The ADP National Employment Report indicates that professional/ business services contributed 77,000 jobs in June, up from 46,000 in May. Expansion in trade/transportation/utilities grew by 50,000, up from May’s 36,000. The 11,000 new jobs added in financial activities was about double last month’s number.

"The June jobs number is a welcome boost,” said Carlos Rodriguez, president and chief executive officer of ADP. “The number of construction jobs added was particularly encouraging, representing the highest total in that industry since February of 2006.” ... Mark Zandi, chief economist of Moody’s Analytics, said, "The job market is steadily improving. Job gains are broad based across all industries and company sizes. Judging from the job market, the economic recovery remains fully intact and is gaining momentum.”

Chart 1. Change in Nonfarm Private Employment


Chart 2. Historical Trend - Change in Total Nonfarm Private Employment


Read more: http://www.adpemploymentreport.com/2014/June/NER/NER-June-2014.aspx

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Good morning, Freepers and DUers alike. I especially welcome our good friends 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.

Bureau of Labor Statistics, for employment in May 2014:

Payroll employment rises by 217,000 in May; unemployment rate unchanged at 6.3%
http://www.democraticunderground.com/1014820273

ADP® (Automatic Data Processing), for employment in May 2014:

U.S. Economy Added 179,000 Private-Sector Jobs in May, According to ADP National Employment Report
http://www.democraticunderground.com/1014818511

Bureau of Labor Statistics, for employment in April 2014:

Payroll employment rises 288,000 in April; unemployment rate falls to 6.3%
http://www.democraticunderground.com/1014794234

ADP® (Automatic Data Processing), for employment in April 2014:

ADP National Employment Report Shows 220,000 Jobs Added in April
http://www.democraticunderground.com/1014792358

Bureau of Labor Statistics, for employment in March 2014:

Payroll employment increases in March (+192,000); unemployment rate unchanged (6.7%)
http://www.democraticunderground.com/1014772273

ADP® (Automatic Data Processing), for employment in March 2014:

U.S. Economy Added 191,000 Private-Sector Jobs in March, According to ADP National Employment Report
http://www.democraticunderground.com/1014770525

Bureau of Labor Statistics, for employment in February 2014:

Payroll employment increases in February (+175,000); unemployment rate changes little (6.7 percent)
http://www.democraticunderground.com/1014747923

ADP, for employment in February 2014:

U.S. Economy Added 139,000 Private-Sector Jobs in February, According to ADP National Employment Report
http://www.democraticunderground.com/1014745826

Bureau of Labor Statistics, for employment in January 2014:

Payroll employment rises in January (+113,000); unemployment rate changes little (6.6%)
http://www.democraticunderground.com/1014721228

ADP, for employment in January 2014:

U.S. Economy Added 175,000 Private-Sector Jobs in January, According to ADP National Employment Report
http://www.democraticunderground.com/1014719171

BLS, for employment in December 2013, which was wildly out of line with ADP's figure:

December unemployment rate declines (6.7%); payroll employment edges up (+74,000)
http://www.democraticunderground.com/1014693851

ADP, for employment in December 2013:

U.S. Economy Added 238,000 Private-Sector Jobs in December, According to ADP National Employment Report
http://www.democraticunderground.com/1014691789

One more thing:

So how many jobs must be created every month to have an effect on the unemployment rate? There's an app for that.

http://www.frbatlanta.org/chcs/calculator/index.cfm
Federal Reserve Bank of Atlanta Jobs Calculator™

Well, enough of that. On with the show.

[valerief]

1. High school kids have high school kid jobs in the summer. nt

[Stuart G]

2. This is a good number in my opinion.

I do hope this trend continues..

[IronLionZion]

3. This is just a ploy by the liberal media to distract us from Benghazi

The only solution to the Obama economy is to cut lots more jobs from government, contractors, and private sector to be "efficient". And then cut taxes and cut spending on infrastructure, healthcare, and education, since that's a waste anyway. And then send thousands of troops back to the middle east for another major ground war. Obviously the debt is because food stamps.



for new jobs and the mending economy!

[onehandle]

4. Even with this anti-growth, anti-worker, anti-women, anti-family House. nt

[OldRedneck]

5. Will Boner sue Obama . . .

. . . for not adding 300,000???

[geretogo]

6. This is a sign that Americans are eating more hamburgers .

[jamcaffey]

7. And why does ADP spend time on this?

This index has so little value. Even the investors and CNBC talking-heads who care about this don't give the ADP numbers much credibility other than as a leading indicator for the BLS numbers that come out a few days later. I can't imagine a single HR or payroll manager caring about this.

ADP's time and resources might be better spent on service and support for their clients.