ROSELAND, N.J., May 1, 2019 /PRNewswire/ -- Private sector
employment increased by 275,000 jobs from March to April according
to the April 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.
April 2019 Report
Highlights*
View the ADP National Employment Report
Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private
Employment: 275,000
By Company Size
- Small businesses: 77,000
- 1-19 employees 32,000
- 20-49 employees 45,000
- Medium businesses: 145,000
- Large businesses: 53,000
- 500-999 employees 20,000
- 1,000+ employees 33,000
By Sector
- Goods-producing:
52,000
- Natural resources/mining -2,000
- Construction 49,000
- Manufacturing 5,000
- Service-providing:
223,000
- Trade/transportation/utilities
37,000
- Information -1,000
- Financial activities 6,000
- Professional/business services
59,000
- Professional/technical services
28,000
- Management of
companies/enterprises 7,000
- Administrative/support services
25,000
- Education/health services 54,000
- Health care/social assistance 46,000
- Education 9,000
- Leisure/hospitality 53,000
- Other services 14,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
**Complete details on franchise employment can be found
here.
"April posted an uptick in growth after the first quarter
appeared to signal a moderation following a strong 2018," said Ahu
Yildirmaz, vice president and co-head of the ADP Research
Institute. "The bulk of the overall growth is with service
providers, adding the strongest gain in more than two years."
Mark Zandi, chief economist of
Moody's Analytics, said, "The job market is holding firm, as
businesses work hard to fill open positions. The economic soft
patch at the start of the year has not materially impacted
hiring. April's job gains overstate the economy's strength,
but they make the case that expansion continues on."
The matched sample used to develop the ADP National
Employment Report was derived from ADP payroll data, which
represents 411,000 U.S. clients employing nearly 24 million workers
in the U.S. The March total of jobs added was revised up from
129,000 to 151,000.
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 May 2019 ADP National
Employment Report will be released at 8:15 a.m. ET on June 5,
2019.
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 24 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 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 Moody's Analytics
Moody's Analytics helps
capital markets and risk management professionals worldwide respond
to an evolving marketplace with confidence. The company offers
unique tools and best practices for measuring and managing risk
through expertise and experience in credit analysis, economic
research and financial risk management. By providing leading-edge
software, advisory services, and research, including the
proprietary analysis of Moody's Investors Service, Moody's
Analytics integrates and customizes its offerings to address
specific business challenges. Moody's Analytics is a subsidiary of
Moody's Corporation (NYSE: MCO), which reported revenue of
$3.5 billion in 2015, employs
approximately 10,800 people worldwide and maintains a presence in
36 countries. Further information is available
at www.moodysanalytics.com.
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 © 2019 ADP, LLC. All rights reserved.
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