Private Sector Employment Increased by 135,000 Jobs in September

September 2019 Report Highlights*

Total U.S. Nonfarm Private Employment:     135,000

By Company Size

– Small businesses:     30,000

• 1-19 employees     4,000
• 20-49 employees     25,000

– Medium businesses:     39,000

• 50-499 employees     39,000

– Large businesses:     67,000

• 500-999 employees     15,000
• 1,000+ employees     52,000

By Sector

– Goods-producing:     8,000

• Natural resources/mining     -3,000
• Construction     9,000
• Manufacturing     2,000

– Service-providing:     127,000

• Trade/transportation/utilities     28,000
• Information     5,000
• Financial activities     8,000
• Professional/business services     20,000
        – Professional/technical services     8,000
        – Management of companies/enterprises     3,000
        – Administrative/support services     9,000
• Education/health services     42,000
        – Health care/social assistance     35,000
        – Education     7,000
• Leisure/hospitality     18,000
• Other services     5,000

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

– Franchise Employment

• Franchise jobs     5,800

“The job market has shown signs of a slowdown,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The average monthly job growth for the past three months is 145,000, down from 214,000 for the same time period last year.”

Mark Zandi, chief economist of Moody’s Analytics, said, “Businesses have turned more cautious in their hiring. Small businesses have become especially hesitant. If businesses pull back any further, unemployment will begin to rise.”

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 August total of jobs added was revised down from 195,000 to 157,000.

The October 2019 ADP National Employment Report will be released at 8:15 a.m. ET on October 30, 2019.

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