Private sector employment in the U.S. increased by 198,000 jobs from January to February 2013 on a seasonally adjusted basis, according to the February 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 the January 2013 report up by 23,000 to 215,000 jobs. For more information about the February 2013 ADP National Employment Report, visit http://www.adpemploymentreport.com/2013/February/NER/NER-February-2013.aspx.
“In February 2013, the U.S. private sector added a total of 198,000 new jobs, with most of this job growth occurring in the services sector. This growth can be attributed to comparable contributions across all three company size segments,” ADP President and Chief Executive Officer Carlos A. Rodriguez stated in a press release available at http://www.adpemploymentreport.com/2013/February/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-February2013-Final-Press-Release.pdf.
The February 2013 ADP National Employment Report includes a breakdown of job growth by company size:
- Large businesses representing payrolls with 500 or more employees gained 57,000 jobs from January to February 2013. Large businesses with more than 1,000 employees gained 34,000 jobs while those with 500-999 employees gained 23,000 jobs.
- Medium businesses representing payrolls with 50 to 499 employees added 65,000 jobs from January to February 2013.
- Small businesses representing payrolls with 1 to 49 employees added 77,000 jobs from January to February 2013. Small businesses with 20 to 49 employees gained 29,000 jobs while those with 1 to 19 employees gained 47,000 jobs.
The February 2013 ADP National Employment Report also includes a breakdown by sector and specific industries:
- Service providing sector added 164,000 jobs from January to February 2013.
- Goods producing sector added 34,000 jobs from January to February 2013.
- Trade/transportation/utilities gained 45,000 jobs from January to February 2013.
- Professional/business services gained 35,000 jobs from January to February 2013.
- Construction gained 21,000 jobs from January to February 2013.
- Manufacturing lost 9,000 jobs from January to February 2013.
- Financial activities gained 7,000 jobs from January to February 2013.
Of the 77,000 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 – estimated that the service providing sector added 60,000 small business jobs while the goods producing sector gained approximately 16,000 small business jobs. Additional information about this month’s small business employment report is available at http://www.adpemploymentreport.com/2013/February/SBS/SBS-NER-February-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 page at http://www.adpemploymentreport.com/docs/ADP-NER-Methodology-Full-Detail.pdf.
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