ADP National Employment Report: Private Sector Employment Increased by 102,000 Jobs in June
Private sector employment increased by 102,000 jobs from May to June according to the June 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.
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June 2019 Report Highlights
Total U.S. Nonfarm Private Employment: 102,000
By Company Size
– Small businesses: -23,000
- 1-19 employees -37,000
- 20-49 employees 14,000
– Medium businesses: 60,000
- 50-499 employees 60,000
– Large businesses: 65,000
- 500-999 employees 30,000
- 1,000+ employees 36,000
By Sector
– Goods-producing: -15,000
- Natural resources/mining -4,000
- Construction -18,000
- Manufacturing 7,000
– Service-providing: 117,000
- Trade/transportation/utilities 23,000
- Information -3,000
- Financial activities 7,000
- Professional/business services 32,000
– Professional/technical services 16,000
– Management of companies/enterprises 4,000
– Administrative/support services 12,000 - Education/health services 55,000
– Health care/social assistance 39,000
– Education 16,000 - Leisure/hospitality 3,000
- Other services 0
* Sum of components may not equal total, due to rounding.
– Franchise Employment**
- Franchise jobs 13,500
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“Job growth started to show signs of a slowdown,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “While large businesses continue to do well, small businesses are struggling as they compete with the ongoing tight labor market. The goods producing sector continues to show weakness. Among services, leisure and hospitality’s weakness could be a reflection of consumer confidence.”
Mark Zandi, chief economist of Moody’s Analytics, said, “The job market continues to throttle back. Job growth has slowed sharply in recent months, as businesses have turned more cautious in their hiring. Small businesses are the most nervous, especially in the construction sector and at bricks-and-mortar retailers.”
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 US clients employing nearly 24 million workers in the US The May total of jobs added was revised up from 27,000 to 41,000.
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