ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in July
Friday, August 2nd, 2019
Private sector employment increased by 156,000 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 2019 Report Highlights
Total U.S. Nonfarm Private Employment: 156,000
By Company Size
- Small businesses: 11,000
1-19 employees -18,000
20-49 employees 29,000
- Medium businesses: 67,000
50-499 employees 67,000
- Large businesses: 78,000
500-999 employees 18,000
1,000+ employees 61,000
- Goods-producing: 9,000
Natural resources/mining -6,000
- Service-providing: 146,000
Financial activities 11,000
Professional/business services 44,000
- Professional/technical services 20,000
- Management of companies/enterprises 6,000
- Administrative/support services 18,000
Education/health services 37,000
- Health care/social assistance 35,000
- Education 2,000
Other services 6,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
Franchise jobs 41,900
"While we still see strength in the labor market, it has shown signs of weakening," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "A moderation in growth is expected as the labor market tightens further."
Mark Zandi, chief economist of Moody's Analytics, said, "Job growth is healthy, but steadily slowing. Small businesses are suffering the brunt of the slowdown. Hampering job growth are labor shortages, layoffs at bricks-and-mortar retailers, and fallout from weaker global trade."
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 102,000 to 112,000.