Originally posted on ADP.com
Private sector employment increased by 67,000 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.
November 2019 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 67,000
By Company Size
– Small businesses: 11,000
- 1-19 employees -15,000
- 20-49 employees 25,000
– Medium businesses: 29,000
- 50-499 employees 29,000
– Large businesses: 27,000
- 500-999 employees 13,000
- 1,000+ employees 14,000
– Goods-producing: -18,000
- Natural resources/mining -6,000
- Construction -6,000
- Manufacturing -6,000
– Service-providing: 85,000
- Trade/transportation/utilities -15,000
- Information -8,000
- Financial activities 11,000
- Professional/business services 28,000
– Professional/technical services 16,000
– Management of companies/enterprises 4,000
– Administrative/support services 7,000
- Education/health services 39,000
– Health care/social assistance 36,000
– Education 3,000
- Leisure/hospitality 18,000
- Other services 12,000
* Sum of components may not equal total, due to rounding.
– Franchise Employment**
- Franchise jobs 24,600
**Complete details on franchise employment can be found here.
“In November, the labor market showed signs of slowing,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The goods producers still struggled; whereas, the service providers remained in positive territory driven by healthcare and professional services. Job creation slowed across all company sizes; however, the pattern remained largely the same, as small companies continued to face more pressure than their larger competitors.”
Mark Zandi, chief economist of Moody’s Analytics, said, “The job market is losing its shine. Manufacturers, commodity producers, and retailers are shedding jobs. Job openings are declining and if job growth slows any further unemployment will increase.”
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 October total of jobs added was revised down from 125,000 to 121,000.
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 December 2019ADP National Employment Report will be released at 8:15 a.m. ET on January 8, 2020.
About the ADP National Employment Report®
The ADP National Employment Report® is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 24 million U.S. workers, is produced by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody’s Analytics, Inc.
Each month, ADP Research Institute issues the ADP National Employment Report as part of the company’s commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.
The data for this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP’s total base of U.S. business clients.
For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.