Private sector employment increased by 195,000 jobs from July to August according to the August 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.
August 2019 Report Highlights
Total U.S. Nonfarm Private Employment: 195,000
By Company Size
– Small businesses: 66,000
– Medium businesses: 77,000
– Large businesses: 52,000
– Goods-producing: 11,000
– Service-providing: 184,000
* Sum of components may not equal total, due to rounding.
– Franchise Employment**
**Complete details on franchise employment can be found here.
“In August we saw a rebound in private-sector employment,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “This is the first time in the last 12 months that we have seen balanced job growth across small, medium and large-sized companies.”
Mark Zandi, chief economist of Moody’s Analytics, said, “Businesses are holding firm on their payrolls despite the slowing economy. Hiring has moderated, but layoffs remain low. As long as this continues recession will remain at bay.”
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 July total of jobs added was revised down from 156,000 to 142,000.
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 September 2019 ADP National Employment Report will be released at 8:15 a.m. ET on Oct. 2.
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