ADP National Employment Report: Private Sector Employment Increased by 147,000 Jobs in October
(firmenpresse) - ROSELAND, NJ -- (Marketwired) -- 11/02/16 -- Private sector employment increased by 147,000 jobs from September to October according to the October . Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® 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 ADP National Employment Report is the first installment of this monthly report that includes the 10 super sectors outlined by the U.S. Bureau of Labor Statistics.
View the ADP National Employment Report Infographic at .
1-19 employees 14,000
20-49 employees 20,000
50-499 employees 48,000
500-999 employees 2,000
1,000+ employees 63,000
Goods-producing -18,000
Natural resources/mining -2,000
Construction -15,000
Manufacturing -1,000
Service-providing 165,000
Trade/transportation/utilities 17,000
Information 3,000
Financial activities 18,000
Professional/business services 69,000
Professional/technical services 28,000
Management of companies/enterprises 6,000
Administrative/support services 36,000
Education/health services 22,000
Health care/social assistance 34,000
Education -12,000
Leisure/hospitality 38,000
Other services -2,000
* Sum of components may not equal total, due to rounding.
Franchise jobs 25,000
**Complete details on franchise employment can be found .
"Job growth appears to be shifting from small to large companies due to the lessening impact the global economic environment had on large companies earlier in the year," said Ahu Yildirmaz, vice president and head of the ADP Research Institute. "This is also true because large companies often have the resources to attract workers with better pay and benefit packages."
Mark Zandi, chief economist of Moody''s Analytics, said, "Job growth remains strong although the pace of growth appears to be slowing. Behind the slowdown is businesses'' difficulty filling open positions. However, there is some weakness in construction, education and mining."
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The September total of jobs added was revised up from 154,000 to 202,000.
To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit .
The November 2016 ADP National Employment Report will be released at 8:15 a.m. ET on November 30, 2016.
®
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 produced 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 data for this report 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.
For a description of the underlying data and the statistical model used to create this report, please see the .
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 $3.5 billion in 2015, employs approximately 10,800 people worldwide and maintains a presence in 36 countries. Further information is available at .
(NASDAQ: ADP)
Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP''s cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit .
The ADP logo, ADP, ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report and ADP Research Institute are registered trademarks of ADP, LLC. ADP A more human resource. Is a service mark of ADP, LLC. All other marks are the property of their respective owners. Copyright © 2016 ADP, LLC. All rights reserved.
Image Available:
Image Available:
Image Available:
Image Available:
Michael Schneider
ADP, LLC
(973) 868-1000
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 02.11.2016 - 07:15 Uhr
Sprache: Deutsch
News-ID 1467418
Anzahl Zeichen: 2707
contact information:
Contact person:
Town:
ROSELAND, NJ
Phone:
Kategorie:
Investment Services & Trading
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 155 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"ADP National Employment Report: Private Sector Employment Increased by 147,000 Jobs in October
"
steht unter der journalistisch-redaktionellen Verantwortung von
ADP, LLC (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
