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Thu Aug 1, 2019, 08:57 AM

ADP says 156,000 private-sector jobs added created in July

Source: MarketWatch

ADP says 156,000 private-sector jobs added created in July

Published: July 31, 2019 8:45 a.m. ET

Companies still hiring at steady but slower pace

By JEFFRY BARTASH
REPORTER

The numbers: The nation’s businesses created 156,000 private-sector jobs in July, payroll processor ADP said Wednesday, showing that companies are still willing to hire despite stiffer headwinds for the economy such as the ongoing trade spat with China.

Economists polled by Econoday had forecast a gain of 155,000.



Some 112,000 private-sector jobs were added in June, according to revised figures. ADP originally put the increase at a seasonally adjusted 102,000.

ADP is the country’s largest processor of paychecks for thousands of companies and millions of workers. Its report, produced with the help of Moody’s Analytics, helps evaluate the health of the U.S. labor market.

What happened: Big companies added 78,000 jobs, mid-sized firms took on 67,000 new workers and small businesses hired 11,000 people.
....

Read more: https://www.marketwatch.com/story/adp-says-156000-private-sector-jobs-added-created-in-july-2019-07-31



https://www.adpemploymentreport.com/

https://www.adpemploymentreport.com/2019/July/NER/NER-July-2019.aspx

Total Employment
Change in Nonfarm Private Employment



[CHART] Change in Nonfarm Private Employment

Historical Trend
Change in Total Nonfarm Private Employment



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

Change By Company Size
Change in Total Nonfarm Private Employment by Company Size



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

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

Private-sector employment increased by 156,000 from June to July, on a seasonally adjusted basis.

ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in July ROSELAND, N.J. – July 31, 2019 – Private sector employment increased by 156,000 jobs from June to July according to the July 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.

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Reply ADP says 156,000 private-sector jobs added created in July (Original post)
mahatmakanejeeves Aug 2019 OP
KY_EnviroGuy Aug 2019 #1
mahatmakanejeeves Aug 2019 #2
Skittles Aug 2019 #3

Response to mahatmakanejeeves (Original post)

Thu Aug 1, 2019, 12:13 PM

1. One backdrop figure to keep in mind is.....

the current U.S. population growth rate is approximately 170,000 per month for perspective.

That does not necessarily translate into 170,000 new jobs needed, though......

Thanks for creating the OP, mahatmakanejeeves!

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Response to mahatmakanejeeves (Original post)

Fri Aug 2, 2019, 08:41 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 June 2019:

Hiring rebounds as U.S. economy adds 224,000 jobs in June;unemployment rate inched up to 3.7 percent

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

U.S. private sector hiring picks up less than expected in June: ADP

Bureau of Labor Statistics, for employment in May 2019:

The U.S. economy added only 75,000 jobs in May amid bite from Trump's trade war

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

ADP private-sector job growth tumbles to a 9-year low in May

Bureau of Labor Statistics, for employment in April 2019:

UPDATE: U.S. unemployment fell to 3.6 percent, lowest since 1969

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

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

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)

Fri Aug 2, 2019, 07:30 PM

3. that's pretty dismal

especially considering the numbers of retiring Boomers

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