ROSELAND, N.J., May 4, 2022
/PRNewswire/ -- Private sector employment increased by 247,000 jobs
from March to April according to the April ADP®
National Employment ReportTM. 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.
April 2022 Report
Highlights*
View the ADP National Employment Report Infographic
at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment:
247,000
By Company Size
- Small businesses: -120,000
- 1-19 employees -96,000
- 20-49 employees -25,000
- Medium businesses: 46,000
- Large businesses: 321,000
- 500-999 employees 32,000
- 1,000+ employees 289,000
By Sector
- Goods-producing: 46,000
- Natural resources/mining 4,000
- Construction 16,000
- Manufacturing 25,000
- Service-providing:
202,000
- Trade/transportation/utilities 15,000
- Information -2,000
- Financial activities 8,000
- Professional/business services 50,000
- Professional/technical services
21,000
- Management of companies/enterprises
1,000
- Administrative/support services
28,000
- Education/health services 48,000
- Health care/social assistance
41,000
- Education 6,000
- Leisure/hospitality 77,000
- Other services 6,000
* Sum of components may not equal total, due to rounding.
Franchise Employment**
**Complete details on franchise employment can be found
here.
"In April, the labor market recovery showed signs of slowing as
the economy approaches full employment," said Nela Richardson, chief economist, ADP. "While
hiring demand remains strong, labor supply shortages caused job
gains to soften for both goods producers and services providers. As
the labor market tightens, small companies, with fewer than 50
employees, struggle with competition for wages amid increased
costs."
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 March total of jobs added was revised from 455,000
to 479,000.
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 2022 ADP National
Employment Report will be released at 8:15 a.m. ET on June 2,
2022.
About the ADP® National Employment
ReportTM
The ADP® National Employment ReportTM 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 ADP Research
Institute delivers data-driven discoveries about the world of work
and derives reliable economic indicators from these insights. We
offer these findings as a unique contribution to making the world
of work better and more productive by delivering actionable
insights 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, Inc. All other marks are the property
of their respective owners.
Copyright © 2022 ADP, Inc. All rights reserved.
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SOURCE ADP, Inc.