Private sector employment in the U.S. increased by 135,000 jobs from April 2013 to May 2013 on a seasonally adjusted basis, according to the May 2013 ADP National Employment Report® produced by Automatic Data Processing, Inc. (ADP®) in collaboration with Moody’s Analytics. The report, which also revised the estimated gain from March 2013 to April 2013 down from 119,000 jobs to 113,000 jobs, is available at http://www.adpemploymentreport.com/2013/May/NER/NER-May-2013.aspx.
“The majority of new jobs in May came from the service-providing sector, which added a total of 138,000 jobs, while the goods-producing sector recorded a loss of 3,000 jobs. Notably, a gain of 5,000 jobs in the construction industry during May was offset by a decline of 6,000 lost jobs in the manufacturing industry,” ADP President and CEO Carlos A. Rodriguez stated in a press release available at http://www.adpemploymentreport.com/2013/May/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-May2013-Final-Press-Release.pdf.
The ADP report includes a breakdown of job growth by company size from April 2013 to May 2013:
- Large businesses representing payrolls with 500 or more employees added 39,000 jobs. Large businesses with more than 1,000 employees gained 33,000 jobs while those with 500 to 999 employees gained 6,000 jobs.
- Medium businesses representing payrolls with 50 to 499 employees added 39,000 jobs.
- Small businesses representing payrolls with 1 to 49 employees added 58,000 jobs. Small businesses with 20 to 49 employees gained 21,000 jobs while those with 1 to 19 employees gained 37,000 jobs.
The ADP report also included a breakdown of job growth by sector from April 2013 to May 2013:
- Service providing sector added 138,000 jobs.
- Goods producing sector lost 3,000 jobs.
In addition, the ADP report included a breakdown of job growth by specific industries from April 2013 to May 2013:
- Professional/business services added 42,000 jobs.
- Trade/transportation/utilities added 31,000 jobs.
- Financial activities added 7,000 jobs.
- Construction added 5,000 jobs.
- Manufacturing lost 6,000 jobs.
Of the 58,000 jobs created in private small business employment from April 2013 to May 2013, the ADP Small Business Report® – a subset of the ADP National Employment Report – estimated that the service providing sector added approximately 58,000 small business jobs while the goods producing sector gained 1,000 small business jobs. The ADP small business employment report for May 2013 is available at http://www.adpemploymentreport.com/2013/May/SBS/SBS-NER-May-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. The June 2013 ADP National Employment Report will be released on July 3, 2013. For a description of the underlying data and the statistical model used to create this report, please visit http://www.adpemploymentreport.com/docs/ADP-NER-Methodology-Full-Detail.pdf.
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Sources:
http://www.adpemploymentreport.com/2013/May/NER/NER-May-2013.aspx
http://www.adpemploymentreport.com/2013/May/SBS/SBS-NER-May-2013.aspx
http://www.adpemploymentreport.com/2013/May/NER/NER-May-2013-Infographic.aspx
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