ADP National Employment Report: Private Sector Employment Increased by 455,000 Jobs in March

Private sector employment increased by 455,000 jobs from February to March according to the March 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 data of those who are on a company’s payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

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March 2022 Report Highlights

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment:     455,000

By Company Size

– Small businesses:     90,000 

• 1-19 employees     37,000
•  20-49 employees     53,000

– Medium businesses:     188,000  

• 50-499 employees     188,000

– Large businesses:     177,000

• 500-999 employees     59,000
• 1,000+ employees     118,000

By Sector

– Goods-producing:     79,000

• Natural resources/mining     9,000
• Construction     15,000
• Manufacturing     54,000

– Service-providing:     377,000

• Trade/transportation/utilities     49,000
• Information     0
• Financial activities     12,000
• Professional/business services     61,000
       – Professional/technical services     24,000
       – Management of companies/enterprises     1,000
       – Administrative/support services     36,000
• Education/health services     72,000
       – Health care/social assistance     62,000
       – Education     11,000
• Leisure/hospitality     161,000
• Other services     21,000

* Sum of components may not equal total, due to rounding.

– Franchise Employment**

• Franchise jobs     11,200

**Complete details on franchise employment can be found here.

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“Job growth was broad-based across sectors in March, contributing to the nearly 1.5 million jobs added for the first quarter in 2022,” said Nela Richardson, chief economist, ADP. “Businesses are hiring, specifically among the service providers which had the most ground to make up due to early pandemic losses. However, a tight labor supply remains an obstacle for continued growth in consumer-facing industries.”

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million workers in the U.S. The February total of jobs added was revised from 475,000 to 486,000.

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