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Wed Dec 2, 2015, 10:15 AM

ADP National Employment Report: Private Sector Employment Increased by 217,000 Jobs in November

Last edited Wed Dec 2, 2015, 12:19 PM - Edit history (1)

Source: ADP® (Automatic Data Processing)

ADP National Employment Report: Private Sector Employment Increased by 217,000 Jobs in November

ROSELAND, N.J. – December 2, 2015 – Private sector employment increased by 217,000 jobs from October to November according to the November [font color="blue"]ADP National Employment Report[/font]®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

Payrolls for businesses with 49 or fewer employees increased by 81,000 jobs in November, down from October’s 91,000. Employment among companies with 50-499 employees increased by 62,000 jobs, a bit less than the 67,000 added last month. Employment at large companies – those with 500 or more employees – came in double the upwardly revised 37,000 jobs added in October at 74,000 for the month. Companies with 500-999 added 57,000 jobs, the largest gain for this segment in the history of the ADP National Employment Report. Companies with over 1,000 employees gained 17,000 jobs, after adding 28,000 in October.

Goods-producing employment rose by 13,000 jobs in November, down from 22,000 the previous month. The construction industry added 16,000 jobs after gaining over 30,000 in each of the two previous months. Meanwhile, manufacturing rebounded from two straight months of shedding jobs to add 6,000 in November. ... Service-providing employment rose by 204,000 jobs in November, a strong increase from an upwardly revised 174,000 in October. The ADP National Employment Report indicates that professional/business services contributed 59,000 jobs, the largest increase in this sector since June of this year. Trade/transportation/utilities grew by 30,000, off from 36,000 the previous month. The 9,000 new jobs added in financial activities were below the average of the last four months which ranged from 11,000 to 13,000 per month.
....

Total Employment

Change in Nonfarm Private Employment



Historical Trend

Change in Total Nonfarm Private Employment



....
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The October total of jobs added was revised from 182,000 to 196,000. ... To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit [font color="blue"]www.adpemploymentreport.com[/font]. ... The December 2015 ADP National Employment Report will be released at 8:15 a.m. ET on January 6, 2016.

Read more: http://www.adpemploymentreport.com/2015/November/NER/NER-November-2015.aspx



I had heard an estimate that the number would be 185,000-ish. The quoted material came from the .pdf Press Release.

[font color="red"]Highlights:

"Employment at large companies – those with 500 or more employees – came in double the upwardly revised 37,000 jobs added in October at 74,000 for the month."

"Meanwhile, manufacturing rebounded from two straight months of shedding jobs to add 6,000 in November."

"The October total of jobs added was revised from 182,000 to 196,000."[/font]


[center]Past Performance is Not a Guarantee of Future Results.[/center]

Nonetheless, what is important is not this month's results, but the trend. Let’s look at some earlier numbers:

Bureau of Labor Statistics, for employment in October 2015:

Payroll employment rises by 271,000 in October; jobless rate essentially unchanged (5.0%)

ADP® (Automatic Data Processing), for employment in October 2015:

ADP National Employment Report: Private Sector Employment Increased by 182,000 Jobs in October

Bureau of Labor Statistics, for employment in September 2015:

Payroll employment rises by 142,000 in September; unemployment rate remains at 5.1%

ADP® (Automatic Data Processing), for employment in September 2015:

ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in September

Bureau of Labor Statistics, for employment in August 2015:

Payroll employment rises by 173,000 in August; unemployment rate edges down to 5.1%

ADP® (Automatic Data Processing), for employment in August 2015:

ADP National Employment Report: Private Sector Employment Increased by 190,000 Jobs in August

Bureau of Labor Statistics, for employment in July 2015:

Payroll employment rises by 215,000 in July; unemployment rate unchanged at 5.3%

ADP® (Automatic Data Processing), for employment in July 2015:

ADP National Employment Report: Private Sector Employment Increased by 185,000 Jobs in July

Bureau of Labor Statistics, for employment in June 2015:

Payroll employment rises by 223,000 in June; unemployment rate declines to 5.3%

ADP® (Automatic Data Processing), for employment in June 2015:

ADP National Employment Report: Private Sector Employment Increased by 237,000 Jobs in June

Bureau of Labor Statistics, for employment in May 2015:

Payroll employment rises by 280,000 in May; unemployment rate essentially unchanged (5.5%)

ADP® (Automatic Data Processing), for employment in May 2015:

ADP National Employment Report: Private Sector Employment Increased by 201,000 Jobs in May

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Reply ADP National Employment Report: Private Sector Employment Increased by 217,000 Jobs in November (Original post)
mahatmakanejeeves Dec 2015 OP
yallerdawg Dec 2015 #1
LonePirate Dec 2015 #2
Fuddnik Dec 2015 #3
Recursion Dec 2015 #6
mahatmakanejeeves Dec 2015 #4
SpankMe Dec 2015 #5
wolfie001 Dec 2015 #7
wolfie001 Dec 2015 #8

Response to mahatmakanejeeves (Original post)

Wed Dec 2, 2015, 10:23 AM

1. This should do it.

The Fed will raise the interest rate!

By the way, what the Fed does is "currency manipulation." Aren't we glad we don't have treaties with other countries controlling our money?

Or do we think it is a one-way street?

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Response to mahatmakanejeeves (Original post)

Wed Dec 2, 2015, 10:31 AM

2. Good - another month of solid, steady jobs growth.

Hopefully these jobs will keep arriving 2016 to keep the Obama recovery alive.

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Response to mahatmakanejeeves (Original post)

Wed Dec 2, 2015, 10:34 AM

3. Maybe something to do with Xmas?

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Response to Fuddnik (Reply #3)

Wed Dec 2, 2015, 01:10 PM

6. "Seasonally adjusted"

That means that's taken into account; the actual number was higher.

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Response to mahatmakanejeeves (Original post)

Wed Dec 2, 2015, 10:54 AM

4. Private Payrolls Rose by 217,000 in November

Economy | Economic Data
WSJ PRO

Private Payrolls Rose by 217,000 in November

The increase was more than expected by economists

By Lisa Beilfuss
[email protected]
@lisabeilfuss

Updated Dec. 2, 2015 9:17 a.m. ET

Private-sector payrolls increased more than expected in November, the most in five months and the latest indication of steady U.S. job growth.

Private payrolls in the U.S. rose by 217,000, said payroll processor Automatic Data Processing Inc. and forecasting firm Moody’s Analytics. The report is based on data collected from ADP clients in addition to lagged government data.

Economists surveyed by The Wall Street Journal expected an increase of 192,000.

Meanwhile, the October gain was revised up to 196,000 from 182,000.

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Response to mahatmakanejeeves (Original post)

Wed Dec 2, 2015, 11:32 AM

5. Damn that Obama!

More jobs! How much more of this can we take?

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Response to SpankMe (Reply #5)

Wed Dec 2, 2015, 01:13 PM

7. This Socialism is spreading like a cancer!!!!

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Response to mahatmakanejeeves (Original post)

Wed Dec 2, 2015, 01:15 PM

8. Fake News will surely underreport!!!

Too busy focusing on Calgary Ted's "Transgender Terrorists".........

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