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Thu Jun 3, 2021, 08:18 AM

Private-sector employment increased by 978,000 from April to May, on a seasonally adjusted basis.

Source: ADP, Automatic Data Processing

MAY 2021

ADP® National Employment Report™

Private-sector employment increased by 978,000 from April to May, on a seasonally adjusted basis.

https://adpemploymentreport.com/2021/May/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-May2021-Final-Press-Release.pdf

ADP National Employment Report: Private Sector Employment Increased by 978,000 Jobs in May

ROSELAND, N.J. – June 3, 2021 – Private sector employment increased by 978,000 jobs from April to May according to the May ADP® National Employment ReportTM. 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/2021/May/NER/NER-May-2021.aspx



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

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Reply Private-sector employment increased by 978,000 from April to May, on a seasonally adjusted basis. (Original post)
mahatmakanejeeves Jun 2021 OP
Lovie777 Jun 2021 #1
mahatmakanejeeves Jun 2021 #2
doc03 Jun 2021 #3
bucolic_frolic Jun 2021 #4
IronLionZion Jun 2021 #5

Response to mahatmakanejeeves (Original post)

Thu Jun 3, 2021, 08:20 AM

1. Well hell there goes the red states talking point . . . .

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Response to mahatmakanejeeves (Original post)

Thu Jun 3, 2021, 08:23 AM

2. Links to earlier reports:

Good morning, all.

Fri May 7, 2021: Links to earlier reports:

Wed May 5, 2021: Links to earlier reports:

Fri Apr 2, 2021: Links to earlier reports:

Wed Mar 31, 2021: Links to earlier reports:

Fri Mar 5, 2021: Links to earlier reports:

Wed Mar 3, 2021: Links to earlier reports:

Fri Feb 5, 2021: Links to earlier reports:

Wed Feb 3, 2021: Links to earlier reports:

Fri Jan 8, 2021: Links to earlier reports:

Wed Jan 6, 2021: Links to earlier reports:

Fri Dec 4, 2020: Links to earlier reports:

Wed Dec 2, 2020: Links to earlier reports:

Fri Nov 6, 2020: Links to earlier reports:

Wed Nov 4, 2020: Links to earlier reports:

Fri Oct 2, 2020: Links to earlier reports:

Wed Sep 30, 2020: Links to earlier reports:

Fri Sep 4, 2020: Links to earlier reports:

Wed Sep 2, 2020: Links to earlier reports:

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:

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 April 2021:

Economy picked up 266,000 jobs in April, fewer than expected as economy tries to rebound

ADP[sup]®[/sup] (Automatic Data Processing), for employment in April 2021:

Private-sector employment increased by 742,000 from March to April, on a seasonally adjusted basis.

Bureau of Labor Statistics, for employment in March 2021:

The U.S. economy added 916,000 jobs in March as recovery gains steam again

ADP[sup]®[/sup] (Automatic Data Processing), for employment in March 2021:

Private employers added back 517,000 jobs in March, missing expectations: ADP

Bureau of Labor Statistics, for employment in February 2021:

The economy added 379,000 jobs in February

ADP[sup]®[/sup] (Automatic Data Processing), for employment in February 2021:

ADP National Employment Report: Private Sector Employment Increased by 117,000 Jobs in February

Bureau of Labor Statistics, for employment in January 2021:

Unemployment rate falls to 6.3% in January; payroll employment changes little (+49,000)

ADP[sup]®[/sup] (Automatic Data Processing), for employment in January 2021:

ADP National Employment Report: Private Sector Employment Increased by 174,000 Jobs in January

Bureau of Labor Statistics, for employment in December 2020:

The economy lost 140,000 jobs in December

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

Private-sector employment decreased by 123,000 from November to December, seasonally adjusted

Bureau of Labor Statistics, for employment in November 2020:

Job Growth Slows Sharply As Pandemic Takes Toll On Economy

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

Private-sector employment increased by 307,000 from October to November, on a seasonally adjusted

Bureau of Labor Statistics, for employment in October 2020:

U.S. added 638,000 jobs in October, unemployment rate slides to 6.9%

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

Private-sector employment increased by 365,000 from September to October, on a seasonally adjusted

Bureau of Labor Statistics, for employment in September 2020:

September jobs report: US economy gains 661,000 payrolls, unemployment rate ticks down to 7.9%

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

Private-sector employment increased by 749,000 from August to September on seasonally adjusted basis

Bureau of Labor Statistics, for employment in August 2020:

Economy adds 1.4 million jobs in August, and the unemployment rate fell below 10 percent

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

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

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

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Response to mahatmakanejeeves (Reply #2)

Thu Jun 3, 2021, 09:22 AM

3. Gee looks like 978000 people are willing to

go back to work. Sounds like Biden is still on track for adding more jobs at this point than any other president.
Unlike Obama Biden needs to take credit for it. Oh and what about that 401k The Loser said would be worthless if Biden was elected.

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Response to mahatmakanejeeves (Original post)

Thu Jun 3, 2021, 09:25 AM

4. That's a great improvement

but aggregate payrolls are still lagging. Direct stimulus is winding down.

QE loans, bond repurchases have saddled banks with liquidity they can't move. Borrowers are few.

Businesses are focused on maintaining profits. Low margin, slow to move merchandise may remain out of stock or discontinued for a long time.

The Fed's money has fed housing, crypto, and the stock market.

An insignificant minority in the finance world sees deflation and strong correction in overheated markets in the months ahead.

Meanwhile gold, commodities, crypto, housing continue to inflate.

How is this not stagflation? The Fed is so afraid of a downturn. They did this in 2009. All we've done, since and including the 1980s S&L Crisis, is compartmentalize worthless debt and throw money at the economy. Indebtedness has never cleared. In fact it's been rewarded.

You will either clear the debt in a solid recession and market crash, or you will blow up the value of the currency and clear the debt with a solid recession, market crash, and political crisis akin to the 1930s but worse. At some point it's a closed system with only a certain number of possible outcomes.

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Response to mahatmakanejeeves (Original post)

Thu Jun 3, 2021, 10:18 AM

5. Biden is killing millions of jobs and destroying the economy

"seasonally adjusted" means this socialist administration is cooking the books just like Obama.

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