Business
ADP National Employment Report: Private Sector Employment Increased by 568,000 Jobs in September
ROSELAND, N.J., Oct. 6, 2021 /PRNewswire/ -- Private sector employment increased by 568,000 jobs from August to September according to the September ADP®
About this update from Automatic Data Processing, Inc.
[{"type":"text","content":"ROSELAND, N.J., Oct. 6, 2021 /PRNewswire/ -- Private sector employment increased by 568,000 jobs from August to September according to the September ADP® National Employment ReportTM. 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 data of those who are on a company's payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. \nSeptember 2021 Report Highlights*\nView the ADP National Employment Report Infographic at www.adpemploymentreport.com.\nTotal U.S. Nonfarm Private Employment: 568,000\nBy Company Size \n- Small businesses: 63,000\n1-19 employees 20,000 20-49 employees 43,000- Medium businesses: 115,000\n50-499 employees 115,000- Large businesses: 390,000\n500-999 employees 36,000 1,000+ employees 354,000By Sector\n- Goods-producing: 102,000\nNatural resources/mining 7,000 Construction 46,000 Manufacturing 49,000- Service-providing: 466,000\nTrade/transportation/utilities 54,000 Information 11,000 Financial activities 22,000 Professional/business services 61,000 - Professional/technical services 35,000 - Management of companies/enterprises 3,000 - Administrative/support services 24,000 Education/health services 66,000 - Health care/social assistance 43,000 - Education 22,000 Leisure/hospitality 226,000 Other services 28,000* Sum of components may not equal total, due to rounding. \n- Franchise Employment**\nFranchise jobs 25,800**Complete details on franchise employment can be found here.\n\"The labor market recovery continues to make progress despite a marked slowdown from the 748,000 job pace in the second quarter,\" said Nela Richardson, chief economist, ADP. \"Leisure and hospitality remains one of the biggest beneficiaries to the recovery, yet hiring is still heavily impacted by the trajectory of the pandemic, especially for small firms. Current bottlenecks in hiring should fade as the health conditions tied to the COVID-19 variant continue to improve, setting the stage for solid job gains in the coming months.\"\n\n\n\n\nThe matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million wor...