Private sector employment increased by 216,000 jobs from October to November according to the November ADP National Employment Report (ADP is No. 21 on the Fair360, formerly DiversityInc Top 50 Companies list).
“For the month of November 2016 we saw very strong job growth that has almost doubled in gains over October 2016,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “This growth was seen in primarily consumer-driven industries like retail and leisure and hospitality — across all company sizes. Overall, consumers are feeling confident and are driving the strong performance we currently see in the job market.”
Mark Zandi, chief economist of Moody’s Analytics, said, “Businesses hired aggressively in November and there is little evidence that the uncertainty surrounding the presidential election dampened hiring. In addition, because of the tightening labor market, retailers may be accelerating seasonal hiring to secure an adequate workforce to meet holiday demand, although total expected seasonal hiring may be no higher than last year’s.”
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.
The ADP Research Institute has published 2017 dates for when the ADP National Employment Report and ADP Regional Employment Report will be issued, please find them here.
November 2016 Report Highlights
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 216,000
By Company Size
Small businesses: 37,000
– 1-19 employees 9,000
– 20-49 employees 28,000
Medium businesses: 89,000
– 50-499 employees 89,000
Large businesses: 90,000
– 500-999 employees 14,000
– 1,000+ employees 76,000
By Sector
Goods-producing: -11,000
– Natural resources/mining -4,000
– Construction 2,000
– Manufacturing -10,000
Service-providing: 228,000
– Trade/transportation/utilities 69,000
– Information -10,000
– Financial activities 12,000
Professional/business services 68,000
– Professional/technical services 18,000
– Management of companies/enterprises 4,000
– Administrative/support services 47,000
Education/health services 43,000
– Health care/social assistance 25,000
– Education 18,000
– Leisure/hospitality 38,000
– Other services 8,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
- Franchise jobs 15,100
