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Posted by: thepinetree on 01/31/2018 07:28 AM Updated by: thepinetree on 01/31/2018 07:28 AM
Expires: 01/01/2023 12:00 AM
:

ADP National Employment Report: Private Sector Employment Increased by 234,000 Jobs in January

Roseland, NJ....Private sector employment increased by 234,000 jobs from December to January according to the January 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.





January 2018 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 234,000
By Company Size
 Small businesses: 58,000
o 1-19 employees 24,000
o 20-49 employees 33,000
 Medium businesses: 91,000
o 50-499 employees 91,000
 Large businesses: 85,000
o 500-999 employees 20,000
o 1,000+ employees 66,000
By Sector
 Goods-producing: 22,000
o Natural resources/mining 1,000
o Construction 9,000
o Manufacturing 12,000
 Service-providing: 212,000
o Trade/transportation/utilities 51,000
o Information -3,000
o Financial activities 16,000
o Professional/business services 46,000
 Professional/technical services 11,000
 Management of
companies/enterprises 4,000
 Administrative/support services 32,000
o Education/health services 47,000
 Health care/social assistance 41,000
 Education 5,000
o Leisure/hospitality 46,000
o Other services 9,000
* Sum of components may not equal total, due to rounding.
 Franchise Employment**
o Franchise jobs 19.700

**Complete details on franchise employment can be found here.
“We’ve kicked off the year with another month of unyielding job gains,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Service providers were firing on all cylinders, posting their strongest gain in more than a year. We also saw robust hiring from midsize and large companies, while job growth in smaller firms slowed slightly.”

Mark Zandi, chief economist of Moody’s Analytics, said, “The job market juggernaut marches on. Given the strong January job gain, 2018 is on track to be the eighth consecutive year in which the economy creates over 2 million jobs. If it falls short, it is likely because businesses can’t find workers to fill all the open job positions.”

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 December total of jobs added was revised down from 250,000 to 242,000.

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 February 2018 ADP National Employment Report will be released at 8:15 a.m. ET on March 7, 2018.

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)
Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit ADP.com.

ADP, the ADP logo, ADP A more human resource., 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 © 2018 ADP, LLC. All rights reserved.


Comments - Make a comment
The comments are owned by the poster. We are not responsible for its content. We value free speech but remember this is a public forum and we hope that people would use common sense and decency. If you see an offensive comment please email us at news@thepinetree.net
No Subject
Posted on: 2018-01-31 08:09:07   By: Anonymous
 
Now flakes keep trying to give this credit to Barry, how could any of this be related to him? He was encouraging burning your own neighborhoods down and inciting black violence! Remember how he thought Freddie Grey would have made a great son! This has nothing to do with job creation!

[Reply ]

    Re: Making America GREAT Again!
    Posted on: 2018-01-31 20:34:08   By: Anonymous
     
    Exactly. This is what it looks like when you are winning and America IS Winning.
    President Trump keeps Winning and so does America.

    [Reply ]

PRESIDENT TRUMP
Posted on: 2018-01-31 09:09:36   By: Anonymous
 
Thank You President Trump !! Security should have removed Harris and Pelosi last night by their hair , they would have left a snail trail .

[Reply ]

    2018- 130,000 Jobs Lost Overseas
    Posted on: 2018-01-31 09:22:16   By: Anonymous
     
    The data shows 130,000 jobs were sent overseas. Don't believe the lies of the illegitimate Dotard.

    In the tax bill is a tax break to relocate business overseas.
    The Republicans keep voting down amendments to end this, and put it in the CR bill.




    [Reply ]

      Re: 2018- 130,000 Jobs Lost Overseas
      Posted on: 2018-01-31 09:34:09   By: Anonymous
       
      Talk about being ignorant, maybe you should actually read up on what's going around in the political news and put down the comic books for awhile.

      [Reply ]

America growing stronger by the month.
Posted on: 2018-01-31 09:30:01   By: Anonymous
 
Wow, that's amazing, almost a quarter of a million jobs in one month? It seems as time wears on, our President is gathering steam and rolling on stronger and stronger, even though the democrats are trying to stop him every chance they can.
Did you all notice the permanent scowl on Nancy Pelosi's face last night? She's certainly showing her true colors, and they are not Red, White and Blue.
I don't understand why you democrats are trying to bring America to her knees? You're certainly showing your lack of love for your country. What a pathetic and unpatriotic party you have become.

[Reply ]


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