Private Sector Employment Decreased by 27,000 Jobs in March According To ADP National Employment Report
Private sector employment decreased by 27,000 jobs from February to March according to the March ADP National Employment Report. The report utilizes data through the 12th of the month. The NER uses the same time period the Bureau of Labor and Statistics uses for their survey. As such, the March NER does not reflect the full impact of COVID-19 on the overall employment situation.
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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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March 2020 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: -27,000
By Company Size
– Small businesses: -90,000
- 1-19 employees -66,000
- 20-49 employees -24,000
– Medium businesses: 7,000
- 50-499 employees 7,000
– Large businesses: 56,000
- 500-999 employees 1,000
- 1,000+ employees 55,000
By Sector
– Goods-producing: -9,000
- Natural resources/mining 1,000
- Construction -16,000
- Manufacturing 6,000
– Service-providing: -18,000
- Trade/transportation/utilities -37,000
- Information -7,000
- Financial activities 0
- Professional/business services -3,000
– Professional/technical services 11,000
– Management of companies/enterprises -2,000
– Administrative/support services -12,000
- Education/health services 48,000
– Health care/social assistance 44,000
– Education 4,000
- Leisure/hospitality -11,000
- Other services -8,000
Sum of components may not equal total, due to rounding.
– Franchise Employment
- Franchise jobs -4,300
Complete details on franchise employment can be found here.
“It is important to note that the ADP National Employment Report is based on the total number of payroll records for employees who were active on a company’s payroll through the 12th of the month. This is the same time period the Bureau of Labor and Statistics uses for their survey,” said Ahu Yildirmaz, co-head of the ADP Research Institute. “As such, the March NER does not fully reflect the most recent impact of COVID-19 on the employment situation, including unemployment claims reported on March 26, 2020.”
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