ADP National Employment ReportTM Released

The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.

Private sector employment increased by 140,000 jobs in February and annual pay was up 5.1 percent year-over-year, according to the February ADP® National Employment ReportTM produced by the ADP Research Institute® in collaboration with the Stanford Digital Economy Lab. 

The jobs report and pay insights use ADP’s fine-grained anonymized and aggregated payroll data to provide a representative picture of the private-sector labor market. The report details the current month’s total private employment change and weekly job data from the previous month. Because the underlying ADP payroll databases are continuously updated, the report provides a high-frequency, near-real-time measure of U.S. employment. This measure reflects the number of employees on ADP client payrolls (Payroll Employment) to provide a richer understanding of the labor market. ADP’s pay measure uniquely captures the earnings of a cohort of almost 10 million employees over 12 months.

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“Job gains remain solid. Pay gains are trending lower but are still above inflation,” said Nela Richardson, chief economist, at ADP.  “In short, the labor market is dynamic, but doesn’t tip the scales in terms of a Fed rate decision this year.”

Key Highlights from the Report: 

  • While employment growth remained steady, pay gains for job-changers accelerated for the first time in more than a year, rising to 7.6 percent from 7.2 percent.
  • Private employers added 140,000 jobs in February
  • Change by Industry Sector

– Goods-producing:     30,000

  • Natural resources/mining     -4,000
  • Construction     28,000
  • Manufacturing     6,000

– Service-providing:     110,000

  • Trade/transportation/utilities     24,000
  • Information     -2,000
  • Financial activities     17,000
  • Professional/business services     5,000
  • Education/health services     11,000
  • Leisure/hospitality     41,000
  • Other services     14,000
  • Change by Establishment Size

– Small establishments:     13,000

1-19 employees     11,000

20-49 employees     2,000

– Medium establishments:     69,000

50-249 employees     53,000

250-499 employees     16,000

– Large establishments:     61,000

500+ employees     61,000

  • Change by U.S. Regions

– Northeast:     20,000

New England     6,000

Middle Atlantic     14,000

– Midwest:     39,000

East North Central     32,000

West North Central     7,000

– South:     37,000

South Atlantic     35,000

East South Central     -13,000

West South Central     15,000

– West:     42,000

Mountain     7,000

Pacific     35,000

The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.

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