ROSELAND, N.J., April 1, 2020 /PRNewswire/ -- 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.
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.
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
- 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**
**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."
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 down
from 183,000 to 179,000.
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 April 2020 ADP National
Employment Report will be released at 8:15 a.m. ET on May 6,
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 26 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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