HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » U.S. Private-Sector Emplo...

Wed Oct 3, 2012, 08:19 AM

U.S. Private-Sector Employment Increased by 162,000 Jobs in September, According to ADP

Last edited Wed Oct 3, 2012, 09:39 AM - Edit history (1)

Source: Automatic Data Processing, Inc., ADP

U.S. Private-Sector Employment Increased by 162,000 Jobs in September, According to ADP National Employment Report

Employment in the U.S. nonfarm private business sector increased by 162,000 from August to September, on a seasonally adjusted basis. The estimated gains in previous months were revised lower: The July increase was reduced by 17,000 to an increase of 156,000, while the August increase was reduced by 12,000 to an increase of 189,000.

Employment in the private, service-providing sector expanded 144,000 in September, down from 175,000 in August. Employment in the private, good-producing sector added 18,000 jobs in the September. Manufacturing employment rose 4,000, while construction employment rose 10,000, the strongest since March when mild winter weather was boosting construction activity. The financial services sector added 7,000 jobs in September, marking the fourteenth consecutive monthly gain.

Employment on large payrolls - those with 500 or more workers - increased 17,000 and employment on medium payrolls - those with 50 to 499 workers - rose 64,000 in September. Employment on small payrolls - those with up to 49 workers - rose 81,000 that same period. Of the 64,000 jobs created on medium-sized payrolls, 10,000 jobs were created by the goods-producing sector and 54,000 jobs were created by the service-providing sector.

For more information, please visit the methodology section of the ADP National Employment Report website at http://ADPemploymentreport.com/methodology.aspx.

Read more: http://www.adpemploymentreport.com/PDF/FINAL_Release_September_12.pdf



These are released in .pdf format and discourage cutting and pasting, so I type in the text.

http://www.adpemploymentreport.com/pdf/FINAL_Report_September_12.pdf

"earthside" mentioned previous employment data. Here is a link to last month's Bureau of Labor Statistics report, which has links to many earlier reports.

http://www.democraticunderground.com/1014221739
August payroll employment rises (+96,000); unemployment rate edges down (8.1%)

8 replies, 2603 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 8 replies Author Time Post
Reply U.S. Private-Sector Employment Increased by 162,000 Jobs in September, According to ADP (Original post)
mahatmakanejeeves Oct 2012 OP
Proud Liberal Dem Oct 2012 #1
skeewee08 Oct 2012 #2
Botany Oct 2012 #3
earthside Oct 2012 #4
dmallind Oct 2012 #5
mahatmakanejeeves Oct 2012 #7
WI_DEM Oct 2012 #6
Proud Liberal Dem Oct 2012 #8

Response to mahatmakanejeeves (Original post)

Wed Oct 3, 2012, 08:24 AM

1. Good

although as we saw with previous months, the BLS reports aren't necessarily in sync with the ADP reports. Still, better an increase than a decrease, right?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Proud Liberal Dem (Reply #1)

Wed Oct 3, 2012, 08:40 AM

2. "Still better an increase than a decrease, right?"

Agree

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mahatmakanejeeves (Original post)

Wed Oct 3, 2012, 09:02 AM

3. Are You Better Off Now Than You Were Four Years Ago? P. Ryan

In a word Paul, yes.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mahatmakanejeeves (Original post)

Wed Oct 3, 2012, 09:08 AM

4. Troubling.

ADP 'estimated' an increase of 201,000 for August.

BLS number turned out to be less than half that: 96,000.

I wouldn't be surprised if Friday's BLS report shows little change, unemployment could actually tick up a tenth of a point or so.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to earthside (Reply #4)

Wed Oct 3, 2012, 09:17 AM

5. One point does not a pattern make

The two reports are very closely correlated over time, and ADP varies between being above and below govt numbers. The intent of neither report however is to match the other one - they have different methodologies and universes.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to earthside (Reply #4)

Wed Oct 3, 2012, 09:36 AM

7. I'll edit the OP to add a link to that.

Thanks.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to mahatmakanejeeves (Original post)

Wed Oct 3, 2012, 09:20 AM

6. everytime ADP comes out with good #'s the unemployment #'s contradict it

I hope that will not be the case on Friday. Obama needs good numbers on the unemployment rate.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to WI_DEM (Reply #6)

Wed Oct 3, 2012, 10:36 AM

8. I hope so too

however the media (and the Republicans, of course) seriously exaggerate his ability to unilaterally positively affect unemployment. The Republican Congress is keeping his jobs bill bottled up and they're not going to do anything now to try to make things better (and thus help ensure President Obama's re-election). We'll pretty much just have to wait and see what the numbers are and hope that they're good (or at least that they don't harm President Obama too much). If the previous "bad" jobs reports haven't harmed President Obama too badly by this point, I don't know why the next two will either. Besides, Romney has no solutions to speak of and BTW why is NOBODY even asking why our esteemed "job creators" aren't creating jobs?

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread