Private sector employment in the U.S. increased by 192,000 jobs from December 2012 to January 2013 on a seasonally adjusted basis, according to the January 2013 ADP National Employment Report® produced by Automatic Data Processing, Inc. (ADP®) in collaboration with Moody’s Analytics. The report also revised the estimated gain from November 2012 to December 2012 down by 30,000 to 185,000 jobs. For more information about the January 2013 ADP National Employment Report, visit http://www.adpemploymentreport.com/2013/January/NER/NER-January-2013.aspx.
“U.S. private sector employment got off to a good start in 2013, as 192,000 jobs were added during the month of January,” ADP President and Chief Executive Officer Carlos A. Rodriguez stated in a press release. “According to the ADP National Employment Report, private sector employers created an average of 183,000 new jobs per month during the last three months. This is an encouraging sign of steady improvement in the job market.”
Highlights of the January 2013 ADP National Employment Report include:
- Large businesses representing payrolls with more than 499 employees lost 2,000 jobs from December 2012 to January 2013. Large businesses with more than 1,000 employees lost 9,000 jobs while those with 500-999 employees gained 7,000 jobs.
- Medium businesses representing payrolls with 50 to 499 employees added 79,000 jobs from December 2012 to January 2013.
- Small businesses representing payrolls with 1 to 49 employees added 115,000 jobs from December 2012 to January 2013. Small businesses with 20 to 49 employees gained 57,000 jobs while those with 1 to 19 employees gained 57,000 jobs.
- Service providing sector added 177,000 jobs from December 2012 to January 2013.
- Goods producing sector added 15,000 jobs from December 2012 to January 2013.
As for specific industries, the January 2013 ADP National Employment Report found:
- Professional/business services gained 40,000 jobs from December 2012 to January 2013.
- Trade/transportation/utilities gained 33,000 jobs from December 2012 to January 2013.
- Construction gained 15,000 jobs from December 2012 to January 2013.
- Financial activities gained 12,000 jobs from December 2012 to January 2013.
- Manufacturing lost 3,000 jobs from December 2012 to January 2013.
Of the 115,000 jobs created in private small business employment from December 2012 to January 2013, the ADP Small Business Report® – a subset of the ADP National Employment Report – revealed that the service providing sector added 106,000 jobs while the goods producing sector gained 9,000 jobs. Additional information about small business employment is available at http://www.adpemploymentreport.com/2013/January/SBS/SBS-NER-January-2013.aspx.
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 nearly 24 million U.S. workers from client companies served by ADP, a leading provider of human capital management solutions. 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” at http://www.adpemploymentreport.com/docs/ADP-NER-Methodology-Full-Detail.pdf.
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