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The latest news, trends and information to help you with your recruiting efforts.

Posted April 03, 2013 by

Private Sector Employment Increased 158,000 in March

Mark Zandi, chief economist of Moody's Analytics

Mark Zandi, chief economist of Moody’s Analytics

Another good month of employment reports, this time from ADP and 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. Revisions to job gains in the two prior months were offsetting; February’s gain of 198,000 jobs was revised up by 39,000 to 237,000, and January’s 215,000 gain was revised down by 38,000 to 177,000.

Goods-producing employment rose by 7,000 jobs in March, its slowest pace of growth in six months. Construction added no net jobs over the month; this follows average monthly gains of 29,000 in the three months prior. Meanwhile, manufacturers added 6,000 jobs.  (more…)

Posted January 30, 2013 by

Small Businesses Responsible For All of January’s 193,000 Job Gains

January 2013 Change in Nonfarm Private Employment by Company Size

January 2013 Change in Nonfarm Private Employment by Company Size

Private sector employment increased by 192,000 jobs from December to January, according to the January ADP National Employment Report®, which is produced by ADP®, a leading provider of human capital management services, 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. The December 2012 report, which reported job gains of 215,000, was revised downward by 30,000 to 185,000 jobs.

Goods-producing employment rose by 15,000 jobs in January which was primarily driven by an increase in construction jobs of 15,000. Meanwhile, manufacturers shed 3,000 jobs.  (more…)

Posted January 03, 2013 by

Private Sector Employment Increased Whopping 215,000 in December

2001-12 Change in Total Nonfarm Private Employment

2001-12 Change in Total Nonfarm Private Employment

Private sector employment increased by 215,000 jobs from November to December, according to the December ADP National Employment Report®, which is produced by Automatic Data Processing, Inc. (ADP®), a leading provider of human capital management 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. The November 2012 report, which reported job gains of 118,000, was revised upward by 30,000 to 148,000 jobs.

Goods-producing employment rose by 28,000 jobs in December as a large gain in construction jobs of 39,000 more than offset the 11,000 decline in manufacturing employment. Service-providing jobs increased by 187,000. Among the service industries reported by the ADP National Employment Report, trade/transportation/utilities services had the largest gain with 53,000 jobs added over the month. Professional/business services added 37,000 jobs and financial activities added 14,000 jobs in December. (more…)

Posted December 05, 2012 by

118,000 New Private Sector Jobs in November Would Have Been 204,000 If Not For Hurricane Sandy

Mark Zandi, chief economist of Moody's Analytics

Mark Zandi, chief economist of Moody’s Analytics

Private sector employment increased by 118,000 jobs from October to November, according to the November ADP National Employment Report®, which is produced by Automatic Data Processing, Inc. (ADP®), a leading provider of human capital management 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. The October 2012 report, which reported job gains of 158,000, was revised down by 1,000 to 157,000 jobs.

Goods-producing employment rose by 4,000 jobs in November as gains in construction jobs of 23,000 more than offset the 16,000 decline in manufacturing employment. (more…)

Posted October 03, 2012 by

Private Sector Employment Increased by 162,000 in September

ADP National Employment ReportEmployment in the U.S. nonfarm private business sector increased by 162,000 from August to September, on a seasonally adjusted basis. The estimated gains in previous months were revised lower: The July increase was reduced by 17,000 to an increase of 156,000, while the August  increase was reduced by 12,000 to an increase of 189,000.

Employment in the private, service-providing sector expanded 144,000 in September, down from 175,000 in August. Employment in the private, goods-producing sector added 18,000 jobs in September. Manufacturing employment rose 4,000, while construction employment rose 10,000, the strongest since March when mild winter weather was boosting construction activity. The financial services sector added 7,000 jobs in September, marking the fourteenth consecutive monthly gain. (more…)

Posted September 06, 2012 by

Excellent News: Private Sector Jobs Rocket Up by 201,000 in August

ADP National Employment ReportEmployment in the U.S. nonfarm private business sector increased by 201,000 from July to August, on a seasonally adjusted basis. The estimated gain from June to July was revised up from the initial estimate of 163,000 to 173,000. (more…)

Posted August 01, 2012 by

Private Sector Added 163,000 More Jobs in June

ADP National Employment ReportEmployment in the U.S. nonfarm private business sector increased by 163,000 from June to July, on a seasonally adjusted basis. The estimated gain from May to June was revised down slightly, from the initial estimate of 176,000 to 172,000. Public sector layoffs — particularly at the state and local level — have been the primary drag on the employment numbers for months. These public sector numbers won’t be known until Friday’s report by the U.S. Bureau of Labor Statistics. (more…)

Posted May 02, 2012 by

Private Sector Employment Increased 119,000 in April

ADP National Employment ReportEmployment in the U.S. nonfarm private business sector increased by 119,000 from March to April on a seasonally adjusted basis. The estimated gain from February to March was revised down modestly, from the initial estimate of 209,000 to a revised estimate of 201,000.

Employment in the private, service-providing sector increased 123,000 in April, after rising 158,000 in March. Employment in the private, goods-producing sector declined 4,000 jobs in April. Manufacturing employment dropped 5,000 jobs, the first loss since September of last year.

Employment on large payrolls — those with 500 or more workers — increased 4,000 and employment on medium payrolls — those with 50 to 499 workers — rose 57,000 in April.

Employment on small payrolls — those with up to 49 workers — rose 58,000 that same period. Of the 57,000 jobs created by medium- sized businesses, 8,000 jobs were created by the goods producing sector and 49,000 jobs were created by the service-providing sector.

Construction employment also fell by 5,000, the first decline in seven months and following healthy gains during the unusually warm winter months. Employment in the financial services sector increased 13,000 in April, marking nine consecutive monthly gains there.

Posted March 07, 2012 by

Economy Added 216,000 More Jobs in February

ADP National Employment ReportEmployment in the U.S. nonfarm private business sector increased by 216,000 from January to February on a seasonally adjusted basis. The estimated advance in employment from December to January was revised slightly upwards to 173,000 from the initially reported 170,000. Employment in the private, service-providing sector rose 170,000 in February, and employment in the private, goods-producing sector increased 46,000 in February. Manufacturing employment increased 21,000.

Employment on large payrolls — those with 500 or more workers — increased 20,000, and employment on medium payrolls — those with 50 to 499 workers—rose 88,000 in February. Employment on small payrolls — those with up to 49 workers — rose 108,000 that same period. Of the 108,000 jobs created by small businesses, 18,000 jobs were created by the goods producing sector and 90,000 jobs were created by the service-producing sector. (more…)

Posted February 01, 2012 by

Private Sector Employment Increased by 170,000 in January — Mostly From Small Businesses

ADP National Employment ReportThe January 2012 ADP National Employment Report was just released and contains mostly good news about the economic recovery.

Employment in the U.S. nonfarm private business sector increased by 170,000 from December to January on a seasonally adjusted basis. The estimated advance in employment from November to December was revised down to 292,000 from the initially reported 325,000.

Employment in the private, service-providing sector rose 152,000 in January, and employment in the private, goods-producing sector increased 18,000 in January, while manufacturing employment increased 10,000.

Employment on large payrolls—those with 500 or more workers—increased 3,000, and employment on medium payrolls—those with 50 to 499 workers—rose 72,000 in January.

Employment on small payrolls—those with up to 49 workers—rose 95,000 that same period. Of the 95,000 jobs created by small businesses, 11,000 jobs were created by the goods producing sector and 84,000 jobs were created by the service-producing sector.

Employment in the construction industry increased 2,000 this month, which is down from an increase of 27,000 in December. Employment in the financial services sector increased 9,000 in January, which is up from an increase of 1,000 in December, and represents the largest gain in two years.