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Wed Sep 2, 2020, 07:19 AM

Private-sector employment increased by 428,000 from July to August, on a seasonally adjusted basis.

Source: ADP; Automatic Data Processing

Private-sector employment increased by 428,000 from July to August, on a seasonally adjusted basis.

Total Employment
Change in Nonfarm Private Employment



Historical Trend
Change in Total Nonfarm Private Employment



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



{snip}

https://adpemploymentreport.com/2020/August/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-August2020-Final-Press-Release.pdf

ADP National Employment Report: Private Sector Employment Increased by 428,000 Jobs in August

ROSELAND, N.J. – September 2, 2020 – Private sector employment increased by 428,000 jobs from July to August according to the August 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.

{snip}

Read more: https://adpemploymentreport.com/2020/August/NER/NER-August-2020.aspx



The gain from June to July was 167,000.

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Reply Private-sector employment increased by 428,000 from July to August, on a seasonally adjusted basis. (Original post)
mahatmakanejeeves Sep 2020 OP
brush Sep 2020 #1
still_one Sep 2020 #2
SergeStorms Sep 2020 #4
bucolic_frolic Sep 2020 #3
mahatmakanejeeves Sep 2020 #5
mahatmakanejeeves Sep 2020 #6

Response to mahatmakanejeeves (Original post)

Wed Sep 2, 2020, 07:21 AM

1. 400k sounds like a lot, but that leaves how many millions still unemployed in trump's recession?

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Response to mahatmakanejeeves (Original post)

Wed Sep 2, 2020, 07:22 AM

2. I don't think these are new jobs being created, but calling back people who have been temporarily

furloughed

At the same time there are other companies who are laying people off


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Response to still_one (Reply #2)

Wed Sep 2, 2020, 08:02 AM

4. Exactly.

Unemployment is still hovering around 10%, so any "added jobs" are people who'd already been furloughed or laid off. Just more Trump propaganda.

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Response to mahatmakanejeeves (Original post)

Wed Sep 2, 2020, 07:28 AM

3. 20% of them must be pickers

because people are too afraid to go to the store

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Response to mahatmakanejeeves (Original post)

Wed Sep 2, 2020, 08:24 AM

5. Links to earlier reports:

Good morning, all.

Fri Aug 7, 2020: Links to earlier reports:

Wed Aug 5, 2020: Links to earlier reports:

Thu Jul 2, 2020: Links to earlier reports:

Fri Jun 5, 2020: Links to earlier reports:

Fri May 8, 2020: Links to earlier reports:

Friday, April 3, 2020: Links to earlier reports:

Wednesday, March 4, 2020: Links to earlier reports:

Friday, February 7, 2020: Links to earlier reports:

Thursday, January 9, 2020: Links to earlier reports:

Updated from this post of Friday, December 6, 2019: Good morning. 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 July 2020:

Nonfarm payroll employment rises by 1.8 million in July; unemployment rate falls to 10.2%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in July 2020:

Private-sector employment increased by 167,000 from June to July, on a seasonally adjusted basis.

Bureau of Labor Statistics, for employment in June 2020:

Nonfarm payroll employment rises by 4.8 million in June; unemployment rate falls to 11.1%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in June 2020:

ADP National Employment Report: Private Sector Employment Increased by 2,369,000 Jobs in June

Bureau of Labor Statistics, for employment in May 2020:

Unemployment rate drops to 13 percent, as the economy began to lose jobs at a slower pace

ADP[sup]®[/sup] (Automatic Data Processing), for employment in May 2020:

Private-sector employment decreased by 2,760,000 from April to May, on a seasonally adjusted basis.

Bureau of Labor Statistics, for employment in April 2020:

Jobless rate soared to 14.7% in April as U.S. shed 20.5 million jobs amid coronavirus pandemic

ADP[sup]®[/sup] (Automatic Data Processing), for employment in April 2020:

ADP National Employment Report: Private Sector Employment Decreased by 20,236,000 Jobs in April

Bureau of Labor Statistics, for employment in March 2020:

Nonfarm payroll employment falls by 701,000 in March; unemployment rate rises to 4.4%

ADP[sup]®[/sup] (Automatic Data Processing), for employment in March 2020:

Private-sector employment decreased by 27,000 from February to March, on a seasonally adjusted basis

Bureau of Labor Statistics, for employment in February 2020:

The U.S. labor market showed strength in February, adding 273,000 jobs

ADP[sup]®[/sup] (Automatic Data Processing), for employment in February 2020:

U.S. adds 183,000 private-sector jobs in February, ADP says

Bureau of Labor Statistics, for employment in January 2020:

The economy added 225,000 jobs in January, showing continued strength

ADP[sup]®[/sup] (Automatic Data Processing), for employment in January 2020:

ADP says 291,000 private-sector jobs created in January, largest gain in 4 years

Bureau of Labor Statistics, for employment in December 2019:

Economy adds 145,000 jobs in December as unemployment rate remains at 3.5 percent

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

U.S. private sector adds the most jobs in eight months

Bureau of Labor Statistics, for employment in November 2019:

Labor market remained strong in November as U.S. economy added 266,000 jobs

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

U.S. private sector job growth slows down sharply in November: ADP

Bureau of Labor Statistics, for employment in October 2019:

U.S. economy added 128,000 jobs in October as GM strike displaced workers; jobless rate ticks up

Bureau of Labor Statistics, for employment in September 2019:

U.S. economy added just 136,000 jobs in September, in fresh sign economy is cooling

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

ADP National Employment Report: Private Sector Employment Increased by 135,000 Jobs in September

Bureau of Labor Statistics, for employment in August 2019:

U.S. economy adds just 130,000 jobs in August amid worries

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

Survey: Businesses added a solid 195,000 jobs in August

Bureau of Labor Statistics, for employment in July 2019:

U.S. Added 164,000 Jobs in July; Unemployment Rate at 3.7 Percent

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

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

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Response to mahatmakanejeeves (Original post)

Thu Sep 3, 2020, 07:17 AM

6. Bad news for jobs: ADP employment report disappoints

23 hr 48 min ago
Bad news for jobs: ADP employment report disappoints
From CNN Business' Anneken Tappe

Ooff, what a start to the day.

The ADP employment report came in quite a lot worse than expected. Economists had predicted 950,000 new jobs in the private payrolls report for August, but ADP reported just 428,000 jobs were added last month.

For those watching the ADP report as an indicator for Friday's government jobs report, disappointment could be on the horizon. Economists expect 1.4 million jobs added to the economy in August, bringing the unemployment rate to 9.8%. It would be the first time since April that the jobless rate is below the peak of the Great Recession.

The ADP report showed that large companies had the strongest job gains and that the leisure and hospitality sector continues to add back the most jobs. The sector was decimated by the spring lockdown and gaining back all the lost jobs will take the biggest rebound.

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