Originally Published by ADP.
Private sector employment increased by 177,000 jobs from May to June according to the June 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.
June 2018 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 177,000
By Company Size
- Small businesses: 29,000
- 1-19 employees 16,000
- 20-49 employees 13,000
- Medium businesses: 80,000
- 50-499 employees 80,000
- Large businesses: 69,000
- 500-999 employees 22,000
- 1,000+ employees 46,000
- Goods-producing: 29,000
- Natural resources/mining 5,000
- Construction 13,000
- Manufacturing 12,000
- Service-providing: 148,000
- Trade/transportation/utilities 24,000
- Information -2,000
- Financial activities 7,000
- Professional/business services 33,000
- Professional/technical services 11,000
- Management of companies/enterprises 3,000
- Administrative/support services 18,000
- Education/health services 46,000
- Health care/social assistance 37,000
- Education 9,000
- Leisure/hospitality 33,000
- Other services 7,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
- Franchise jobs 13,800
**Complete details on franchise employment can be found here.
“The labor market continues to march towards full employment,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Healthcare led job growth once again and trade rebounded nicely.”
Mark Zandi, chief economist of Moody’s Analytics, said, “Business’ number one problem is finding qualified workers. At the current pace of job growth, if sustained, this problem is set to get much worse. These labor shortages will only intensify across all industries and company sizes.”
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 May total of jobs added was revised up from 178,000 to 189,000.
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 July 2018 ADP National Employment Report will be released at 8:15 a.m. ET on August 1, 2018.