Private Sector Employment Increases 135,000 in September, Below Expectations

(Updated - October 2, 2019 8:16 AM EDT)

• ADP Employment Change (Sep) 135K vs 140K Expected

Private sector employment increased by 135,000 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 2019 Report Highlights*View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 135,000

By Company Size

- Small businesses: 30,000

• 1-19 employees 4,000
• 20-49 employees 25,000

- Medium businesses: 39,000

• 50-499 employees 39,000

- Large businesses: 67,000

• 500-999 employees 15,000
• 1,000+ employees 52,000

By Sector

- Goods-producing: 8,000

• Natural resources/mining -3,000
• Construction 9,000
• Manufacturing 2,000

- Service-providing: 127,000

• Trade/transportation/utilities 28,000
• Information 5,000
• Financial activities 8,000
• Professional/business services 20,000 - Professional/technical services 8,000 - Management of companies/enterprises 3,000 - Administrative/support services 9,000
• Education/health services 42,000 - Health care/social assistance 35,000 - Education 7,000
• Leisure/hospitality 18,000
• Other services 5,000

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

- Franchise Employment**

• Franchise jobs 5,800

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

"The job market has shown signs of a slowdown," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "The average monthly job growth for the past three months is 145,000, down from 214,000 for the same time period last year."

Mark Zandi, chief economist of Moody's Analytics, said, "Businesses have turned more cautious in their hiring. Small businesses have become especially hesitant. If businesses pull back any further, unemployment will begin to rise."

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 down from 195,000 to 157,000.

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 2019 ADP National Employment Report will be released at 8:15 a.m. ET on October 30, 2019.

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