Private Sector Job Gains Top Expectations in January

(Updated - January 31, 2018 8:16 AM EST)

ADP Employment Change (Jan) 234K vs 185K Expected

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
  • 1-19 employees 24,000
  • 20-49 employees 33,000
• Medium businesses: 91,000
  • 50-499 employees 91,000
• Large businesses: 85,000
  • 500-999 employees 20,000
  • 1,000+ employees 66,000

By Sector

• Goods-producing: 22,000
  • Natural resources/mining 1,000
  • Construction 9,000
  • Manufacturing 12,000
• Service-providing: 212,000
  • Trade/transportation/utilities 51,000
  • Information -3,000
  • Financial activities 16,000
  • Professional/business services 46,000
    • Professional/technical services 11,000
    • Management of companies/enterprises 4,000
    • Administrative/support services 32,000
  • Education/health services 47,000
    • Health care/social assistance 41,000
    • Education 5,000
  • Leisure/hospitality 46,000
  • Other services 9,000

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

• Franchise Employment**
  • 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."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201801/MOD-105113_Chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201801/MOD-105114_Chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201801/MOD-105115_Chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here:http://media.marketwire.com/attachments/201801/MOD-105116_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 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.

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