U.S. adds 179,000 private-sector jobs in November: ADP [View all]

[mahatmakanejeeves]

Source: MarketWatch

U.S. adds 179,000 private-sector jobs in November: ADP

Published: Dec 6, 2018 9:04 a.m. ET

Data on jobs was in line with economist estimates

By GREG ROBB
SENIOR ECONOMICS REPORTER

The numbers: Private-sector employment stayed strong in November, as employers added 179,000 jobs, payrolls processor Automatic Data Processing Inc. reported Thursday. The gain was in line with forecasts from economists polled by Econoday. October's gain was revised slightly to show 225,000 growth instead of a previously estimated 227,000.

What happened: Details of ADP's report showed that small firms added 46,000 jobs in November, medium-size businesses added 119,000 and large companies added 13,000.

Job growth was service-sector led, as the professional and business sector added 59,000 jobs, education and health added 49,000 positions and leisure and hospitality added 26,000 jobs. ... There were 10,000 new construction jobs and 4,000 new manufacturing jobs, ADP said.

Big picture: The labor market has been strong this year. Economists use ADP's data to get a feeling for the Labor Department's employment report, which will be released Friday and covers government jobs in addition to the private sector.

Read more: https://www.marketwatch.com/story/us-adds-179000-private-sector-jobs-in-november-adp-2018-12-06

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The release was delayed a day, because the markets were closed yesterday.

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https://www.adpemploymentreport.com/2018/November/NER/NER-November-2018.aspx

ADP National Employment Report
November 2018
ADP National Employment Report: Private Sector Employment Increased by 179,000 Jobs in November

Private-sector employment increased by 179,000 from October to November, on a seasonally adjusted basis.
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Total Employment
Change in Nonfarm Private Employment



[CHART] Change in Nonfarm Private Employment

Historical Trend
Change in Total Nonfarm Private Employment



[CHART] Historical Trend - Change in Total Nonfarm Private Employment

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https://www.adpemploymentreport.com/2018/November/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-November2018-Final-Press-Release.pdf

ADP National Employment Report: Private Sector Employment Increased by 179,000 Jobs in November

ROSELAND, N.J. - December 6, 2018 - Private sector employment increased by 179,000 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.
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