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Thu Jul 7, 2016, 08:59 AM

ADP National Employment Report: Private Sector Employment Increased by 172,000 Jobs in June

Source: Automatic Data Processing, ADP

ADP National Employment Report: Private Sector Employment Increased by 172,000 Jobs in June

ROSELAND, N.J. – July 7, 2016
– Private sector employment increased by 172,000 jobs from May to June according to the June ADP National Employment Report[sup]®[/sup]. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP[sup]®[/sup] 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.
....

Total Employment

Change in Nonfarm Private Employment



Historical Trend

Change in Total Nonfarm Private Employment



Source: Automatic Data Processing, ADP[sup]®[/sup]

Read more: http://www.adpemploymentreport.com/2016/June/NER/NER-June-2016.aspx



Source: Automatic Data Processing, ADP[sup]®[/sup]

MarketWatch is forecasting that tomorrow's BLS jobs report will show a gain of 170,000 jobs. Their article about this report says that economists had expected it to show a gain of 150,000 jobs.

Private-sector employment picks up in June: ADP

Published: July 7, 2016 9:09 a.m. ET

Gain of 172,000 jobs suggests weak May reading may be ‘outlier’

By Greg Robb
Senior economics reporter

WASHINGTON (MarketWatch)—Private-sector employment picked up a bit in June, suggesting the weak May nonfarm-payroll report may be an anomaly, Automatic Data Processing Inc. reported Thursday.

ADP reported that 172,000 private-sector jobs were added in June, above economists expectations for a gain of 150,000 jobs. ... ADP also revised May’s gain to 168,000 from the original estimate of 173,000.

Analysts use ADP’s data to get a feeling for the Labor Department’s employment report, which will be released Friday and covers government jobs in addition to the private sector.

Last month, the ADP sent a false signal. The government reported a dismal 38,000 jobs in May, which was “a game-changer” for the Federal Reserve, according to Econoday.

ADP Private Payrolls Rise a More-than-Expected 172,000 in June

Payroll processor finds private-sector employment rose at the best clip in three months

By Lisa Beilfuss
lisa.beilfuss@wsj.com
@lisabeilfuss

Updated July 7, 2016 9:01 a.m. ET

Private payrolls in June rose at the best clip in three months, suggesting U.S. firms continue to create jobs at a healthy pace and alleviating some concerns over May’s marked slowdown.

Private firms across the U.S. increased 172,000 workers to their ranks last month, according to payroll processor Automatic Data Processing Inc. and forecasting...


[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 May 2016:

Unemployment rate declines to 4.7% in May; payroll employment changes little (+38,000)

ADP[sup]®[/sup] (Automatic Data Processing), for employment in May 2016:

ADP National Employment Report: Private Sector Employment Increased by 173,000 Jobs in May

Bureau of Labor Statistics, for employment in April 2016:

Payroll employment increases by 160,000 in April; unemployment rate unchanged at 5.0%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in April 2016:

ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in April

Bureau of Labor Statistics, for employment in March 2016:

Payroll employment rises by 215,000 in March; unemployment rate little changed at 5.0%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in March 2016:

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

Bureau of Labor Statistics, for employment in February 2016:

Payroll employment rises by 242,000 in February; unemployment rate unchanged at 4.9%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in February 2016:

ADP National Employment Report: Private Sector Employment Increased by 214,000 Jobs in February

Bureau of Labor Statistics, for employment in January 2016:

Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

ADP[sup]®[/sup] (Automatic Data Processing), for employment in January 2016:

ADP National Employment Report: Private Sector Employment Increased by 205,000 Jobs in January

Bureau of Labor Statistics, for employment in December 2015:

Payroll employment rises by 292,000 in December; unemployment rate unchanged at 5.0%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in December 2015:

ADP National Employment Report: Private Sector Employment Increased by 257,000 Jobs in December

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Reply ADP National Employment Report: Private Sector Employment Increased by 172,000 Jobs in June (Original post)
mahatmakanejeeves Jul 2016 OP
rjsquirrel Jul 2016 #1
Snarkoleptic Jul 2016 #2
bucolic_frolic Jul 2016 #3
Snarkoleptic Jul 2016 #5
JoePhilly Jul 2016 #4
Purveyor Jul 2016 #6
Skittles Jul 2016 #7

Response to mahatmakanejeeves (Original post)


Response to mahatmakanejeeves (Original post)

Thu Jul 7, 2016, 09:01 AM

2. Thanks Obama!

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Response to Snarkoleptic (Reply #2)

Thu Jul 7, 2016, 09:02 AM

3. Obama is the Job Creator

with no help from Republican Obstructionist Congress

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Response to bucolic_frolic (Reply #3)

Thu Jul 7, 2016, 09:08 AM

5. Yep, much like running a 3-legged race with a republiClown who's rooting for failure.

And how quickly did conservatives forget that we were losing 750K jobs/MONTH at the end of the shrub admin.

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Response to Snarkoleptic (Reply #2)

Thu Jul 7, 2016, 09:06 AM

4. + 1

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Response to mahatmakanejeeves (Original post)

Thu Jul 7, 2016, 01:56 PM

6. LOL. They at a 173,000 number for June and how did that work out for them...

 

ADP National Employment Report: Private Sector Employment Increased by 173,000 Jobs in May
Source: Automatic Data Processing

ADP National Employment Report: Private Sector Employment Increased by 173,000 Jobs in May

ROSELAND, N.J. – June 2, 2016 – Private sector employment increased by 173,000 jobs from April to May according to the May ADP National Employment Report®. 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.

http://www.democraticunderground.com/10141473205

Sputtering Jobs Market Risks Damping U.S. Economic Expansion

The U.S. economy looks to be in danger of losing its main pillar as employers throttled back hiring in May to the lowest level in almost six years.

The slowdown -- payrolls rose by 38,000 after a downwardly revised 123,000 in April -- raised questions about the ability of consumers to keep spending at a good clip. It also cast doubts on Federal Reserve policy makers’ intentions to raise interest rates soon.

http://www.democraticunderground.com/1016159260

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Response to mahatmakanejeeves (Original post)

Thu Jul 7, 2016, 07:00 PM

7. dismal

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