ADP National Employment Report: Private Sector Employment Increased
by 215,000 Jobs in November
ROSELAND, NJ--(Marketwired - Dec 4, 2013) - Private sector
employment increased by 215,000 jobs from October to November,
according to the November ADP National Employment
Report®. Broadly distributed to the public each month,
free of charge, the ADP National Employment Report is
produced by ADP®, a leading global provider of Human Capital
Management (HCM) 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.
November 2013 Report
Highlights*
View the ADP National Employment Report Infograph at
www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 215,000
- By Company Size
- Small businesses: 102,000
- 1-19 employees 57,000
- 20-49 employees 45,000
- Medium businesses: 48,000
- Large businesses: 65,000
- 500-999 employees -5,000
- 1,000+ employees 70,000
- By Sector
- Goods producing 40,000
- Service providing 176,000
- Industry Snapshot
- Construction 18,000
- Manufacturing 18,000
- Trade/transportation/utilities 45,000
- Financial activities 5,000
- Professional/business services 38,000
* Sum of components may not equal total, due to rounding.
Goods-producing employment rose by 40,000 jobs in November, up
from 29,000 in October. Both construction and manufacturing
payrolls added 18,000 jobs apiece. The gain for manufacturing was
the largest since early 2012.
Service-providing industries added 176,000 jobs in November, up
from 156,000 in October. This was the largest gain in the service
sector in a year. Among the service industries reported by the
ADP National Employment Report,
trade/transportation/utilities added the most jobs with 45,000 over
the month. Professional/business services employment rose by
38,000, while financial activities added 5,000 jobs.
"According to ADP National Employment Report findings, the U.S.
private sector added 215,000 jobs during November making it the
strongest month for job growth in 2013," said Carlos Rodriguez,
president and chief executive officer of ADP. "It's an
encouraging sign as we head toward the new year."
Mark Zandi, chief economist of Moody's Analytics, said, "The job
market remained surprisingly resilient to the government shutdown
and brinkmanship over the treasury debt limit. Employers across all
industries and company sizes looked through the political battle in
Washington. If anything, job growth appears to be picking up."
To see Chart 1. Change in Total Nonfarm Private Employment,
please click here:
http://media.marketwire.com/attachments/201312/MOD-208006_Chart1.ChangeinTotalNonfarmPrivateEmployment.jpg
To see Chart 2. Historical Trend -- Change in Total Nonfarm
Private Employment, please click here:
http://media.marketwire.com/attachments/201312/MOD-208007_Chart2.HistoricalTrendChangeinTotalNonfarmPrivateEmployment.jpg
To see Chart 3. Change in Nonfarm Private Employment by Selected
Industry, please click here:
http://media.marketwire.com/attachments/201312/MOD-208008_Chart3.ChangeinNonfarmPrivateEmploymentbySelectedIndustry.jpg
To see Chart 4. Change in Nonfarm Private Employment by Company
Size, please click here:
http://media.marketwire.com/attachments/201312/MOD-208009_Chart4.ChangeinNonfarmPrivateEmploymentbyCompanySize.jpg
Businesses with 49 or fewer employees added 102,000 jobs in
November, while employment levels among medium-sized companies with
50-499 employees rose by 48,000 and employment at large companies
-- those with 500 or more employees -- increased by 65,000.
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.
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.
November 2013 Small
Business Report Highlights*
Total Small Business Employment: 102,000
- By size:
- 1-19 employees 57,000
- 20-49 employees 45,000
- By sector for 1-49 employees:
- Goods producing 11,000
- Service providing 91,000
- By sector for 1-19 employees:
- Goods producing 6,000
- Service providing 51,000
- By sector for 20-49 employees:
- Goods producing 5,000
- Service providing 40,000
* 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 December 2013 ADP National Employment Report will
be released at 8:15 a.m. ET on January 8, 2014.
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.
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 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 proprietary analyses from 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 $2.7 billion in 2012, employs approximately
6,800 people worldwide and has a presence in 28 countries. Further
information is available at www.moodysanalytics.com.
About ADP With more than $11 billion in revenues and more than
60 years of experience, ADP® (NASDAQ: ADP) serves approximately
620,000 clients in more than 125 countries. As one of the
world's largest providers of business outsourcing and human capital
management solutions, 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, the ADP National Employment Report, the
ADP Small Business Report and the ADP Research Institute are
registered trademarks of ADP, Inc. All other marks are the
property of their respective owners. Copyright © 2013 ADP,
Inc.
Media Contacts: Dick Wolfe ADP (973) 974-7034 dick.wolfe@adp.com
Kate Rambo Weber Shandwick for ADP (617) 520-7048
krambo@webershandwick.com
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