ADP Regional Employment Report: Ongoing Losses of Energy Jobs Continue to Be a Drag on Employment Growth in the South
(firmenpresse) - ROSELAND, NJ -- (Marketwired) -- 10/07/15 -- Private sector employment increased in all four major regions and all nine U.S. Census Bureau Divisions during the month of September 2015, according to the monthly ®, which is produced by , a leading global provider of (HCM) solutions, in collaboration with Moody''s Analytics, Inc. Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures monthly changes in regional nonfarm private employment on a seasonally adjusted basis.
"Continued weakness in the ''Oil Patch'' remains a drag on the South. The odds for a rebound in the near term, which looked possible a couple of months ago, appear to have diminished following a renewed decline in oil prices," said Ahu Yildirmaz, VP and head of the ADP Research Institute®. "Meanwhile, the West has seen stronger growth despite weak commodity prices and a stronger dollar."
On September 30, 2015, the ADP National Employment Report® reported that total U.S. private sector employment increased by 200,000 jobs from September to October.
To obtain regional and state-specific results on the ADP Regional Employment Report, which includes job growth by sector, select industries and establishment size**, please visit .
* Sum of components may not equal total, due to rounding.
** Employment by state is determined by the location where employees work. In most cases, this approach aligns with the U.S. Bureau of Labor Statistics'' measure of establishment employment, reflecting the state where an employee works. In some cases, a payroll located in a certain state may include employees from one or more states outside that state.
Additional data for the states above, including jobs data by sector and select industries is available at .
The October 2015 ADP Regional Employment Report will be released at 9:00 a.m. ET on Wednesday, November 11, 2015. A full publishing calendar can be found at .
®
The ADP Regional Employment Report®, which is produced by ADP in collaboration with Moody''s Analytics, Inc., is a monthly estimate of private nonfarm employment in nine U.S. Census Bureau divisions, as well as 29 U.S. states, plus the District of Columbia. The report is a measure of employment derived from an anonymous subset of roughly 411,000 U.S. business clients, which employ nearly 24 million workers in the U.S.
Each month, ADP issues the ADP Regional Employment Report as part of the company''s commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP Regional Employment Report is broadly distributed to the public each month, free of charge.
®
The ADP National Employment Report® is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 24 million U.S. workers, is published by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody''s Analytics, Inc.
Each month, ADP issues the ADP National Employment Report as part of the company''s commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.
The ADP Small Business Report® is a monthly estimate of private nonfarm employment among companies in the U.S. with 1-49 employees and is a subset of the ADP National Employment Report. The data for all three reports is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP''s total base of U.S. business clients.
Moody''s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody''s Investors Service, Moody''s Analytics integrates and customizes its offerings to address specific business challenges. Moody''s Analytics is a subsidiary of Moody''s Corporation (NYSE: MCO), which reported revenue of $3.3 billion in 2014, employs approximately 10,000 people worldwide and maintains a presence in 33 countries. Further information is available at .
(NASDAQ: ADP)
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The ADP logo, ADP, ADP Regional Employment Report, ADP National Employment Report, ADP Small Business Report, and the ADP Research Institute are registered trademarks of ADP, LLC. All other trademarks are the property of their respective owners. Copyright © 2015, ADP, LLC.
Dick Wolfe
ADP
(973) 974-7034
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