ROSELAND, N.J., Feb. 5, 2020 /PRNewswire/ -- Private sector
employment increased by 291,000 jobs from December to January
according to the January ADP National Employment
Report®. 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.
January 2020 Report
Highlights*
View the ADP National Employment Report
Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private
Employment: 291,000
By Company Size
- Small businesses: 94,000
- 1-19 employees 26,000
- 20-49 employees 68,000
- Medium businesses: 128,000
- Large businesses: 69,000
- 500-999 employees 27,000
- 1,000+ employees 42,000
By Sector
- Goods-producing:
54,000
- Natural resources/mining -2,000
- Construction 47,000
- Manufacturing 10,000
- Service-providing:
237,000
- Trade/transportation/utilities
8,000
- Information 2,000
- Financial activities 2,000
- Professional/business services
49,000
- Professional/technical services
29,000
- Management of
companies/enterprises 6,000
- Administrative/support services
14,000
- Education/health services 70,000
- Health care/social
assistance 47,000
- Education
24,000
- Leisure/hospitality 96,000
- Other services 10,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
**Complete details on franchise employment can be found
here.
"The labor market experienced expanded payrolls in January,"
said Ahu Yildirmaz, vice president and co-head of the ADP Research
Institute. "Goods producers added jobs, particularly in
construction and manufacturing, while service providers experienced
a large gain, led by leisure and hospitality. Job creation was
strong among midsized companies, though small companies enjoyed the
strongest performance in the last 18 months."
Mark Zandi, chief economist of
Moody's Analytics, said, "Mild winter weather provided a
significant boost to the January employment gain. The leisure and
hospitality and construction industries in particular experienced
an outsized increase in jobs. Abstracting from the vagaries of the
data underlying job growth is close to 125,000 per month, which is
consistent with low and stable unemployment."
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 December total of jobs added was revised down
from 202,000 to 199,000.
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
www.adpemploymentreport.com.
The February 2020 ADP National
Employment Report will be released at 8:15 a.m. ET on March 4,
2020.
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 Research Institute 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 ADP National
Employment Report: Development Methodology.
About the ADP Research Institute
The mission of
the ADP Research Institute is to generate data-driven discoveries
about the world of work, and to derive reliable economic indicators
from these insights. We offer these findings to the world at large
as our unique contribution to making the world of work better and
more productive, and to bring greater awareness to the economy at
large.
About Moody's Analytics
Moody's Analytics provides
financial intelligence and analytical tools to help business
leaders make better, faster decisions. Our deep risk expertise,
expansive information resources, and innovative application of
technology help our clients confidently navigate an evolving
marketplace. We are known for our industry-leading and
award-winning solutions, made up of research, data, software, and
professional services, assembled to deliver a seamless customer
experience. We create confidence in thousands of organizations
worldwide, with our commitment to excellence, open mindset
approach, and focus on meeting customer needs.
About ADP (NASDAQ – ADP)
Designing better ways to
work through cutting-edge products, premium services and
exceptional experiences that enable people to reach their full
potential. HR, Talent, Time Management, Benefits and Payroll.
Informed by data and designed for people. Learn more at
ADP.com
ADP, the ADP logo, and Always Designing for People,
ADP National Employment Report, ADP Small Business Report, ADP
National Franchise Report, and ADP Research Institute are
registered trademarks of ADP, LLC. All other marks are the property
of their respective owners.
Copyright © 2020 ADP, LLC. All rights reserved.
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