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Wed May 1, 2019, 08:47 AM

ADP National Employment Report: Private Sector Employment Increased by 275,000 Jobs in April

Source: ADP; Automatic Data Processing

ADP National Employment Report: Private Sector Employment Increased by 275,000 Jobs in April

Private-sector employment increased by 275,000 from March to April, on a seasonally adjusted basis.

https://www.adpemploymentreport.com/2019/April/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-April2019-Final-Press-Release.pdf

ADP National Employment Report: Private Sector Employment Increased by 275,000 Jobs in April

ROSELAND, N.J. – May 1, 2019 – Private sector employment increased by 275,000 jobs from March to April according to the April ADP National Employment Report®. 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 payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

“April posted an uptick in growth after the first quarter appeared to signal a moderation following a strong 2018,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The bulk of the overall growth is with service providers, adding the strongest gain in more than two years.”

Mark Zandi, chief economist of Moody’s Analytics, said, “The job market is holding firm, as businesses work hard to fill open positions. The economic soft patch at the start of the year has not materially impacted hiring. April’s job gains overstate the economy’s strength, but they make the case that expansion continues on."

Total Employment

Change in Nonfarm Private Employment



[CHART] Change in Nonfarm Private Employment

Total Employment
Change in Total Nonfarm Private Employment



[CHART] Historical Trend - Change in Total Nonfarm Private Employment

Total Employment
Change in Total Nonfarm Private Employment by Company Size



[CHART] Change in Total Nonfarm Private Employment by Company Size

Read more: https://www.adpemploymentreport.com/2019/April/NER/NER-April-2019.aspx

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Reply ADP National Employment Report: Private Sector Employment Increased by 275,000 Jobs in April (Original post)
mahatmakanejeeves May 2019 OP
beachbum bob May 2019 #1
mahatmakanejeeves May 2019 #2
TygrBright May 2019 #3
maddogesq May 2019 #4
progree May 2019 #5
former9thward May 2019 #10
progree May 2019 #11
former9thward May 2019 #12
progree May 2019 #13
Crowman2009 May 2019 #6
maddogesq May 2019 #7
oldsoftie May 2019 #9
wolfie001 May 2019 #8

Response to mahatmakanejeeves (Original post)

Wed May 1, 2019, 08:48 AM

1. where are the payraises? The people I know who are working are lucky

 

to get 1.5% raise....

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Response to mahatmakanejeeves (Original post)

Wed May 1, 2019, 08:53 AM

2. Links to earlier reports

[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 March 2019:

UPDATE: U.S. added 196,000 jobs in March as economy shows signs of spring bounce

ADP[sup]®[/sup] (Automatic Data Processing), for employment in March 2019:

Private sector hiring falls to 18-month low, and manufacturing sheds jobs, ADP says

Bureau of Labor Statistics, for employment in February 2019:

U.S. adds meager 20,000 jobs in February to mark smallest increase in 17 months

ADP[sup]®[/sup] (Automatic Data Processing), for employment in February 2019:

ADP National Employment Report: Private Sector Employment Increased by 183,000 Jobs in February

Bureau of Labor Statistics, for employment in January 2019:

U.S. creates 304,000 jobs in January, unemployment rises to 4%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in January 2019:

U.S. added 213,000 private-sector jobs in January, ADP says

Bureau of Labor Statistics, for employment in December 2018:

Payroll employment increases by 312,000 in December; unemployment rate rises to 3.9%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in December 2018:

U.S. adds most private-sector jobs in almost 2 years, says ADP

Bureau of Labor Statistics, for employment in November 2018:

Payroll employment increases by 155,000 in November; unemployment rate unchanged at 3.7%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in November 2018:

U.S. adds 179,000 private-sector jobs in November: ADP

Bureau of Labor Statistics, for employment in October 2018:

The U.S. economy added 250,000 jobs in October, unemployment stays at 3.7 percent

ADP[sup]®[/sup] (Automatic Data Processing), for employment in October 2018:

ADP National Employment Report: Private Sector Employment Increased by 227,000 Jobs in October 2018:

Bureau of Labor Statistics, for employment in September 2018:

Unemployment rate declines to 3.7% in September; payroll employment increases by 134,000

ADP[sup]®[/sup] (Automatic Data Processing), for employment in September 2018:

U.S. adds 230,000 private-sector jobs in September: ADP

Bureau of Labor Statistics, for employment in August 2018:

U.S. Added 201,000 Jobs in August; Unemployment Rate Steady at 3.9%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in August 2018:

U.S. Firms in August Added Fewest Workers in 10 Months, ADP Says

Bureau of Labor Statistics, for employment in July 2018:

Payroll employment increases by 157,000 in July; unemployment rate edges down to 3.9%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in July 2018:

ADP National Employment Report: Private Sector Employment Increased by 219,000 Jobs in July

Bureau of Labor Statistics, for employment in June 2018:

U.S. Added 213,000 Jobs in June; Unemployment Ticks Up to 4%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in June 2018:

ADP National Employment Report: Private Sector Employment Increased by 177,000 Jobs in June

Bureau of Labor Statistics, for employment in May 2018:

U.S. economy extends its hiring spree, with a better than expected 223,000 new jobs in May

ADP[sup]®[/sup] (Automatic Data Processing), for employment in April 2018:

U.S. adds 204,000 private-sector jobs in April, ADP report shows

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Response to mahatmakanejeeves (Original post)

Wed May 1, 2019, 09:46 AM

3. Good jobs? Or the usual shitty jobs? n/t

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Response to TygrBright (Reply #3)

Wed May 1, 2019, 10:57 AM

4. Yup, all that glitters is not gold. Look at ISM.

It is showing slowest expansion since Q4 2016.

https://www.instituteforsupplymanagement.org/ISMReport/MfgROB.cfm?SSO=1

Analysts say Friday’s BLS report will show a lot less.

https://www.cnbc.com/2019/05/01/that-strong-adp-jobs-number-could-be-painting-an-inaccurate-picture.html

There are continued retreats in other areas too.

For now my portfolio remains slightly conservative.

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Response to maddogesq (Reply #4)

Wed May 1, 2019, 12:11 PM

5. the (upcoming) government report theoretically could be inflated by census workers

Interesting bit from your last link
https://www.cnbc.com/2019/05/01/that-strong-adp-jobs-number-could-be-painting-an-inaccurate-picture.html

Nonfarm payrolls, released by the government, have been extremely volatile this year. January job gains totaled 312,000; February was 33,000 and there were 196,000 jobs created in March.

As for the government’s report Friday, Zandi said it may contain its own quirks. For instance, the government report theoretically could be inflated by census workers added to the government payrolls in April or May.

That could be a couple hundred thousand people,” he said.

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Response to progree (Reply #5)

Wed May 1, 2019, 07:08 PM

10. The census is not until 2020.

They are just beginning to take applications at things like job fairs, etc. The hiring process takes months. There will be no uptick from the Census for many months.

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Response to former9thward (Reply #10)

Wed May 1, 2019, 10:33 PM

11. Maybe you can contact Mark Zandi at Moody's Analytics, who I quoted

so that he doesn't screw up so badly again and mislead so many thousands of people. Perhaps provide him a link of the projected hiring schedule, so that it sounds like more than just your opinion.

BTW I'm well aware (and was well aware when I posted) that the census is in 2020.

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Response to progree (Reply #11)

Thu May 2, 2019, 09:44 AM

12. I don't hire for the Census.

But I am a Field Representative for the Census Bureau in Chicago. I also worked on many Census projects last census in the 2009-2010 period and some in the intervening years. I know the reality of hiring by the Bureau. Maybe Zandi can provide a legitimate quote from a Census Bureau administrator which would confirm his "opinion".

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Response to former9thward (Reply #12)

Thu May 2, 2019, 10:06 AM

13. Well, like I said, maybe you should set him straight so he doesn't misinform thousands of his

readers. (And CNBC too, so they are more careful about quoting Zandi in the future). As opposed to the couple dozen who might read your comment here on this thread. I'm sure he/they will be impressed and grateful.

As a bonus, maybe you can ask Zandi for the source of his information, and contact that source and get them squared away too.

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Response to mahatmakanejeeves (Original post)

Wed May 1, 2019, 02:11 PM

6. Nothing but shitty paying temp or part-time jobs.

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Response to Crowman2009 (Reply #6)

Wed May 1, 2019, 02:22 PM

7. And right on queue, the Fed holds rates again.

Maybe not a contraction, but I sure see signs of a slowdown. Hell, even Dotard is asking for more QE. The hypocrisy being all the wing nuts bitched back when QE was done during 44’s watch.

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Response to maddogesq (Reply #7)

Wed May 1, 2019, 06:13 PM

9. I've been pointing that out to a few folks who gave that credit for the stock increase under Obama

Funny how great an idea it is when THEIR guy is at the wheel

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Response to mahatmakanejeeves (Original post)

Wed May 1, 2019, 03:53 PM

8. Uber Eats, Lyft, etc.

I'm sure donald dump is cooking the numbers with those low-pay, benefitless "jobs".

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