ADP National Employment Report: Private Sector Employment Increased by 125,000 Jobs in October

[mahatmakanejeeves]

Source: ADP; Automatic Data Processing

ADP National Employment Report: Private Sector Employment Increased by 125,000 Jobs in October
Private-sector employment increased by 125,000 from September to October, on a seasonally adjusted basis.

https://www.adpemploymentreport.com/2019/October/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-October2019-Final-Press-Release.pdf

ADP National Employment Report: Private Sector Employment Increased by 125,000 Jobs in October

ROSELAND, N.J. - October 30, 2019 - Private sector employment increased by 125,000 jobs from September to October according to the October 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.

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

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

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We have the BLS numbers to look forward to on Friday:

The Employment Situation for October is scheduled to be released on Friday, November 1, 2019, at 8:30 a.m. (EDT).

[Drunken Irishman]

1. Not the strongest numbers but still strong enough...

There's a clear trend that indicates these job reports are less strong than a year ago or two years ago but I suspect they're just good enough to keep us out of a recession. The question is whether that continues for a year or if they dip to where we start hemorrhaging jobs...or see a bounce back of increased job growth.

I suspect it'll get worse...

[mahatmakanejeeves]

2. Tune in Friday morning, same bat time, same bat channel. NT

[NoMoreRepugs]

3. I find it interesting that during the Shrub and Obama years all the business pundits on radio and

teevee always said that 150-200k was the number needed to maintain employment at the then current level. I'm reasonably certain there are more working age meat popsicles now than then - without amazing numbers the unemployment rate has declined somewhat dramatically during the Orange Anus years.

[Skittles]

4. dismal