Private sector employment increased by 119,000 jobs from March to
April, according to the April ADP National Employment Report®,
which is produced by 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 March report, which reported job
gains of 158,000, was revised downward to 131,000 jobs.
April 2013 Report Highlights*
View the ADP National Employment Report Infograph at
www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment:
119,000
- By Company Size
- Small businesses: 50,000
- 1-19 employees 34,000
- 20-49 employees 17,000
- Medium businesses: 26,000
- Large businesses: 43,000
- 500-999 employees 8,000
- 1,000+ employees 35,000
- By Sector
- Goods producing 6,000
- Service providing 113,000
- Industry Snapshot
- Construction 15,000
- Manufacturing -10,000
- Trade/transportation/utilities 29,000
- Financial activities 7,000
- Professional/business services 20,000
* Sum of components may not equal total, due to rounding.
Goods-producing employment rose by 6,000 jobs in April, its
slowest pace of growth in seven months. Though it accounted for
most of the weakness in goods production job growth in March,
construction growth picked up in April and the industry added
15,000 jobs over the month. Meanwhile, manufacturers shed 10,000
jobs in April -- the first decline in three months and the largest
since September 2012.
Service-providing jobs increased by 113,000, the weakest pace of
growth in seven months. Among the service industries reported by
the ADP National Employment Report, trade/transportation/utilities
had the largest gain with 29,000 jobs added over the month.
Professional/business services followed, adding 20,000 jobs, and
financial activities added 7,000 jobs.
"During the month of April 2013, U.S. private sector employment
increased by 119,000 jobs, representing the slowest pace of
expansion since September 2012," said Carlos A. Rodriguez,
president and chief executive officer of ADP. "The services sector
generated the overwhelming majority of new jobs in April,
contributing a total of 113,000, which helped to offset overall
softness in the goods-producing sector, which was marked by a loss
of 10,000 manufacturing jobs."
Mark Zandi, chief economist of Moody's Analytics, said, "Job
growth appears to be slowing in response to very significant fiscal
headwinds. Tax increases and government spending cuts are beginning
to hit the job market. Job growth has slowed across all industries
and most significantly among companies that employ between 20 and
499 workers."
To see Chart 1. Change in Total Nonfarm Private
Employment, please click here:
http://media.marketwire.com/attachments/201305/60595_Image1.jpg
To see Chart 2. Historical Trend -- Change in
Total Nonfarm Private Employment, please click here:
http://media.marketwire.com/attachments/201305/60596_Image2.jpg
To see Chart 3. Change in Nonfarm Private
Employment by Selected Industry, please click here:
http://media.marketwire.com/attachments/201305/60597_Image3.jpg
To see Chart 4. Change in Nonfarm Private
Employment by Company Size, please click here:
http://media.marketwire.com/attachments/201305/60598_Image4.jpg
Businesses with 49 or fewer employees added 50,000 jobs in
April. Employment levels among medium-sized companies with 50-499
employees rose by 26,000, while employment at large companies --
those with 500 or more employees -- increased by 43,000.
The matched sample used to develop the ADP National Employment
Report was derived from ADP payroll data, which represents 416,000
U.S. clients employing nearly 24 million workers in the U.S.
ADP Small Business Report®: Due to the important
contribution that small businesses make to economic growth,
employment data that are specific to businesses with 49 or fewer
employees is reported each month in the ADP Small Business Report®,
a subset of the ADP National Employment Report.
April 2013 Small Business Report
Highlights*
Total Small Business Employment:
50,000
- By size:
- 1-19 employees 34,000
- 20-49 employees 17,000
- By sector for 1-49 employees:
- Goods producing 9,000
- Service providing 41,000
- By sector for 1-19 employees:
- Goods producing 8,000
- Service providing 26,000
- By sector for 20-49 employees:
- Goods producing 1,000
- Service providing 16,000
* Sum of components may not equal total, due to rounding.
Additional information about small business employment,
including charts on monthly job growth and employment levels along
with historical data, is available at
www.adpemploymentreport.com.
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
www.adpemploymentreport.com.
The May 2013 ADP National Employment Report will be released at
8:15 a.m. ET on June 5, 2013.
About the ADP National
Employment Report® 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.
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
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
model used to create this report, please see "ADP National
Employment Report: Development Methodology" at
www.adpemploymentreport.com/docs/ADP-NER-Methodology-Full-Detail.pdf.
About Moody's Analytics 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 $2.3 billion in
2011, employs approximately 6,500 people worldwide and has a
presence in 28 countries. Further information is available at
www.moodysanalytics.com.
About ADP ADP® (NASDAQ: ADP), with more
than $10 billion in revenues and approximately 600,000 clients, is
one of the world's largest providers of business outsourcing and
human capital management solutions. Leveraging over 60 years of
experience and a global footprint spanning more than 40 countries,
ADP offers a wide range of human resource, payroll, talent
management, tax and benefits administration solutions from a single
source, and helps clients comply with regulatory and legislative
changes, such as the Affordable Care Act (ACA). 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,
recreational vehicle, and heavy equipment 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.
The ADP logo, ADP, ADP National Employment Report, and ADP Small
Business Report are registered trademarks of ADP, Inc. ADP Research
Institute is a service mark of ADP, Inc. Copyright © 2013, ADP,
Inc.
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Media Contact: Kate Rambo Weber Shandwick for ADP
(212) 445-8281 krambo@webershandwick.com
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