According to today's ADP National Employment Report®, private
sector employment decreased by 23,000 from February to March on a
seasonally adjusted basis. The ADP National Employment Report,
created by Automatic Data Processing, Inc. (ADP®), in partnership
with Macroeconomic Advisers, LLC, is derived from actual payroll
data and measures the change in total nonfarm private employment
each month.
Nonfarm Private Employment Highlights -- March Report:
-- Total employment: -23,000
-- Small businesses* -12,000
-- Medium businesses** -4,000
-- Large businesses*** -7,000
-- Goods-producing sector: -51,000
-- Service-providing sector: +28,000
Addendum:
-- Manufacturing industry: -9,000
* Small businesses represent payrolls with 1-49 employees
** Medium businesses represent payrolls with 50-499 employees
*** Large businesses represent payrolls with more than 499 employees
Note: all data included in the ADP National Employment Report is based
on size of payroll. In some cases, small and medium-size payrolls
belong to businesses employing more workers than indicated by the size
grouping.
Gary Butler, President & CEO, ADP, Inc., said, "American
businesses are on the cusp of recovery yet this report shows that
they remain hesitant to increase their payrolls. The federal HIRE
Act offers businesses straightforward, immediate incentives that
are available for each job they create. The HIRE Act and similar
incentives are necessary to expand payrolls and reverse the trend
in private sector employment."
According to Joel Prakken, Chairman of Macroeconomic Advisers,
LLC, "The March employment decline was the smallest since
employment began falling in February of 2008. Yet, the lack of
improvement in employment from February to March is consistent with
the pause in the decline of initial unemployment claims that
occurred during the winter."
Prakken added, "Since employment as measured by the ADP Report
was not restrained in February by the effects of inclement weather,
today's figure does not incorporate a weather-related rebound that
could be present in this month's BLS data. In addition, today's
figure does not include any federal hiring in March for the 2010
Census. For both these reasons, it is reasonable to expect that
Friday's employment figure from the BLS will be stronger than
today's estimate in the ADP National Employment Report."
"March's ADP Report estimates nonfarm private employment in the
service-providing sector rose by 28,000, the second consecutive
monthly increase and the highest job growth since March of 2008.
However, this employment growth was not enough to offset continued
losses in both the manufacturing and construction sectors.
Employment in the goods-producing sector declined 51,000 during
March, while manufacturing employment fell 9,000," said
Prakken.
Prakken went on to say, "Large businesses, defined as those with
500 or more workers, saw employment decline by 7,000 while
small-size businesses with fewer than 50 workers, declined 12,000.
Employment among medium-size businesses, defined as those with
between 50 and 499 workers, declined by 4,000."
The matched sample used to develop the ADP National Employment
Report was derived from ADP data, which during the twelve month
period through December 2009, averaged over 360,000 U.S. business
clients and represented over 22 million U.S. employees. This
approximately represents the size of the matched sample used this
month.
Small Business Highlights -- March Report:
Due to the important contribution small businesses make to
economic growth, employment data that is specific to businesses
with fewer than 50 employees will be reported in the ADP Small
Business Report® each month. The ADP Small Business Report is a
subset of the ADP National Employment Report.*
-- Total small business employment: -12,000
-- Goods-producing sector: -27,000 small business jobs
-- Service-providing sector: +15,000 small business jobs
*All size data included in the ADP National Employment Report is
based on size of payroll. In some cases, small and medium-size
payrolls belong to businesses employing more workers than indicated
by the size grouping.
Private employment among small businesses decreased by 12,000 in
March, according to the ADP Small Business Report released today.
Additional information about small business employment, including
charts on monthly job growth and employment levels, along with
historical data, is available at
http://www.smallbusinessreport.adp.com.
"Employment among small-size businesses, defined as those with
fewer than 50 workers, declined 12,000 in March. Small business
employment in the service-providing sector increased by 15,000, the
third consecutive monthly increase and the highest job growth since
March of 2008," said Joel Prakken.
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 e-mail alerts and RSS feeds, please visit
www.ADPemploymentreport.com. The April 2010 ADP National Employment
Report will be released May 5, 2010 at 8:15 A.M. ET.
About the ADP National Employment Report®
The ADP National Employment Report, sponsored by ADP®, was
developed and is maintained by Macroeconomic Advisers, LLC. It is a
measure of employment derived from an anonymous subset of roughly
500,000 U.S. business clients. During the twelve month period
through December 2009, this subset averaged over 360,000 U.S.
business clients and over 22 million U.S. employees working in all
private industrial sectors. The ADP Small Business Report® is a
monthly estimate of private nonfarm employment among companies in
the United States with 1-49 employees and is a subset of the ADP
National Employment Report. The data for both 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.
For a description of the underlying data and the statistical
properties of the series, please see "ADP National Employment
Report: Development Methodology" at
http://ADPemploymentreport.com/methodology.aspx.
About ADP
Automatic Data Processing, Inc. (NASDAQ: ADP), with nearly $9
billion in revenues and about 570,000 clients, is one of the
world's largest providers of business outsourcing solutions.
Leveraging 60 years of experience, ADP offers the widest range of
HR, payroll, tax and benefits administration solutions from a
single source. ADP's easy-to-use solutions for employers provide
superior value to companies of all types and sizes. ADP is also a
leading provider of integrated computing solutions to auto, truck,
motorcycle, marine and recreational vehicle dealers throughout the
world. For more information about ADP or to contact a local ADP
sales office, reach us at 1 (800) 225-5237 or visit the company's
Web site at www.ADP.com.
About Macroeconomic Advisers, LLC
Macroeconomic Advisers, LLC (MA) has been the most trusted
source for U.S. macroeconomic forecasts and commentary, monetary
and fiscal policy analysis, and econometric modeling for 25 years.
MA's clients include leading financial service firms, nonfinancial
corporations, key policymaking agencies of the U.S. government, as
well as State and Foreign Government agencies. Additional
information on Macroeconomic Advisers, LLC is available on the
company's Web site, www.MacroAdvisers.com.
The ADP National Employment Report and ADP Small Business Report
are registered trademarks of ADP, Inc.
Image Available:
http://www2.marketwire.com/mw/frame_mw?attachid=1211896 Image
Available:
http://www2.marketwire.com/mw/frame_mw?attachid=1211894
Add to Digg Bookmark with del.icio.us Add to Newsvine
Media Contacts: ADP Public Relations ADP (973) 974-7612
Public_Relations@adp.com Rhena Wallace Cohn & Wolfe for ADP
(212) 798-9832 rhena.wallace@cohnwolfe.com
Automatic Data Processing (NASDAQ:ADP)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Automatic Data Processing (NASDAQ:ADP)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024