Private sector employment increased by 230,000 jobs from August to September according to the September ADP National Employment Report®.Â
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 2018Â Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment:Â Â Â Â 230,000
By Company Size
– Small businesses:Â Â Â Â 56,000
- 1-19 employees    35,000
- 20-49 employees    21,000
– Medium businesses:Â Â Â Â 99,000
- 50-499 employees    99,000
– Large businesses:Â Â Â Â 75,000
- 500-999 employees    26,000
- 1,000+ employees    49,000
By Sector
– Goods-producing:Â Â Â Â Â 46,000
- Natural resources/mining    5,000
- Construction    34,000
- Manufacturing    7,000
– Service-providing:Â Â Â Â Â 184,000
- Trade/transportation/utilities     30,000
- Information    -3,000
- Financial activities    16,000
- Professional/business services    70,000
- Professional/technical services    25,000
- Management of companies/enterprises    7,000
- Administrative/support services     38,000
- Education/health services     44,000
- Health care/social assistance     37,000
- Education    7,000
- Leisure/hospitality    16,000
- Other services     10,000
* Sum of components may not equal total, due to rounding.
– Franchise Employment**
- Franchise jobs     -5,700
**Complete details on franchise employment can be found here.
“The labor market continues to impress,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Both the goods and services sectors soared. The professional and business services industry and construction served as key engines of growth. They added almost half of all new jobs this month.”
Mark Zandi, chief economist of Moody’s Analytics, said, “The job market continues to power forward. Employment gains are broad-based across industries and company sizes. At the current pace of job creation, unemployment will fall into the low 3%’s by this time next year.”
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 up from 163,000 to 168,000.
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