Private Sector Employment Increased by 749,000 Jobs in September

On Oct 2, 2020

Private sector employment increased by 749,000 jobs from August to September according to the September 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.

September 2020 Report Highlights*

Total U.S. Nonfarm Private Employment:     749,000

By Company Size

– Small businesses:     192,000

• 1-19 employees     121,000
• 20-49 employees     71,000

– Medium businesses:     259,000

• 50-499 employees     259,000

– Large businesses:     297,000

• 500-999 employees     75,000
• 1,000+ employees     222,000

By Sector

– Goods-producing:     196,000

• Natural resources/mining     7,000
• Construction     60,000
• Manufacturing     130,000

– Service-providing:     552,000

• Trade/transportation/utilities     186,000
• Information     17,000
• Financial activities     29,000
• Professional/business services     78,000
  – Professional/technical services     26,000
  – Management of companies/enterprises     5,000
  – Administrative/support services     47,000
• Education/health services     90,000
  – Health care/social assistance     101,000
  – Education     -11,000
• Leisure/hospitality     92,000
• Other services     60,000

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

– Franchise Employment**

• Franchise jobs      20,700

**Complete details on franchise employment can be found here.

“The labor market continues to recover gradually,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “In September, the majority of sectors and company sizes experienced gains with trade, transportation and utilities; and manufacturing leading the way. However, small businesses continued to demonstrate slower growth.”

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 August total of jobs added was revised from 428,000 to 481,000.

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 October 2020 ADP National Employment Report will be released at 8:15 a.m. ET on Nov. 4, 2020.

To access more business news, visit NJB News Now.

Related Articles: