ADP Employment Change 178K vs 190K Expected

(Updated - August 2, 2017 8:16 AM EDT)

• ADP Employment Change 178K vs 190K Expected

Private sector employment increased by 178,000 jobs from June to July according to the July 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.

July 2017 Report Highlights*

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 178,000

By Company Size

• Small businesses: 50,000
  • 1-19 employees 27,000
  • 20-49 employees 22,000
• Medium businesses: 83,000
  • 50-499 employees 83,000
• Large businesses: 45,000
  • 500-999 employees 35,000
  • 1,000+ employees 10,000

By Sector

• Goods-producing: 4,000
  • Natural resources/mining 3,000
  • Construction 6,000
  • Manufacturing -4,000
• Service-providing: 174,000
  • Trade/transportation/utilities 24,000
  • Information 8,000
  • Financial activities 13,000
  • Professional/business services 65,000
    • Professional/technical services 16,000
    • Management of companies/enterprises 7,000
    • Administrative/support services 42,000
  • Education/health services 43,000
    • Health care/social assistance 41,000
    • Education 2,000
  • Leisure/hospitality 15,000
  • Other services 5,000

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

• Franchise Employment**
  • Franchise jobs 26,600

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

"Job gains continued to be strong in the month of July," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "However, as the labor market tightens employers may find it more difficult to recruit qualified workers."

Mark Zandi, chief economist of Moody's Analytics, said, "The American job machine continues to operate in high gear. Job gains are broad-based across industries and company sizes, with only manufacturers reducing their payrolls. At this pace of job growth, unemployment will continue to quickly decline."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201708/MOD-103806_Chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201708/MOD-103807_Chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201708/MOD-103808_Chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201708/MOD-103809_Chart4.jpg

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 June total of jobs added was revised up from 158,000 to 191,000.

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 August 2017 ADP National Employment Report will be released at 8:15 a.m. ET on August 30, 2017.

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