ADP Nov. Private Sector Employment Data Hits Consensus

(Updated - December 6, 2017 8:19 AM EST)

• ADP Employment Change (Nov) 190K vs 190K Expected

Private sector employment increased by 190,000 jobs from October to November according to the November 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.

November 2017 Report Highlights*

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

Total U.S. Nonfarm Private Employment: 190,000

By Company Size

• Small businesses: 50,000
  • 1-19 employees 14,000
  • 20-49 employees 36,000
• Medium businesses: 99,000
  • 50-499 employees 99,000
• Large businesses: 41,000
  • 500-999 employees 10,000
  • 1,000+ employees 31,000

By Sector

• Goods-producing: 36,000
  • Natural resources/mining 0
  • Construction -4,000
  • Manufacturing 40,000
• Service-providing: 155,000
  • Trade/transportation/utilities 36,000
  • Information -13,000
  • Financial activities 7,000
  • Professional/business services 47,000
    • Professional/technical services 8,000
    • Management of companies/enterprises 2,000
    • Administrative/support services 38,000
  • Education/health services 54,000
    • Health care/social assistance 31,000
    • Education 23,000
  • Leisure/hospitality 25,000
  • Other services -2,000

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

• Franchise Employment**
  • Franchise jobs 28,300

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

"The labor market continues to grow at a solid pace," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Notably, manufacturing added the most jobs the industry has seen all year. As the labor market continues to tighten and wages increase it will become increasingly difficult for employers to attract and retain skilled talent."

Mark Zandi, chief economist of Moody's Analytics, said, "The job market is red hot, with broad-based job gains across industries and company sizes. The only soft spots are in industries being disrupted by technology, brick-and-mortar retailing being the best example. There is a mounting threat that the job market will overheat next year."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201712/MOD-105037_Chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201712/MOD-105038_Chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201712/105039_Chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201712/MOD-105040_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. There were no revisions to the October total number of jobs added.

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 December 2017 ADP National Employment Report will be released at 8:15 a.m. ET on January 4, 2018.

You May Also Be Interested In