ADP National Employment Report Shows 213,000 Jobs Added in September
Source: ADP®, Automatic Data Processing
ADP National Employment Report: Private Sector Employment Increased by 213,000 Jobs in September
ROSELAND, N.J. October 1, 2014 Private sector employment increased by 213,000 jobs from August to September according to the September ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moodys Analytics. The report, which is derived from ADPs actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
Goods-producing employment rose by 58,000 jobs in September, up from 42,000 jobs gained in August. The construction industry added 20,000 jobs over the month, below last months gain of 23,000. Meanwhile, manufacturing added 35,000 jobs in September, the highest total in that sector since May 2010.
Service-providing employment rose by 155,000 jobs in September, down from 160,000 in August. The ADP National Employment Report indicates that professional/business services contributed 29,000 jobs in August, down from 37,000 in August. Expansion in trade/transportation/utilities grew by 38,000, up from Augusts 30,000. The 5,000 new jobs added in financial activities was down slightly from last months number.
....
Mark Zandi, chief economist of Moodys Analytics, said, "Job gains remain strong and steady. The pace of job growth has been remarkably similar for the past several years. Especially encouraging most recently is the increasingly broad base nature of those gains. Nearly all industries and companies of all sizes are adding consistently to payrolls.
Change in Nonfarm Private Employment (in thousands)
Historical Trend - Change in Total Nonfarm Private Employment (in thousands)
Read more: http://www.adpemploymentreport.com/2014/September/NER/NER-September-2014.aspx
Good morning, Freepers and DUers alike. I especially welcome our good friends from across the aisle. Please, everyone, put aside your differences long enough to digest the information. After that, you can engage in your usual donnybrook.
What is important about these statistics is not so much this months number, but the trend. So lets look at some earlier numbers.
Bureau of Labor Statistics, for employment in August 2014 (hat tip, Garion 55):
Payroll employment increases in August (+142,000); unemployment rate changes little (6.1%)
http://www.democraticunderground.com/1014888738
ADP® (Automatic Data Processing), for employment in August 2014:
ADP National Employment Report Shows 204,000 Jobs Added in August
http://www.democraticunderground.com/1014887794
Bureau of Labor Statistics, for employment in July 2014:
Payroll employment increases in July (+209,000); unemployment rate changes little (6.2%)
http://www.democraticunderground.com/1014860280
ADP® (Automatic Data Processing), for employment in July 2014:
ADP National Employment Report Shows 218,000 Jobs Added in July
http://www.democraticunderground.com/1014858666
Two more things:
Meet FRED, every wonks secret weapon
FRED stands for Federal Reserve Economic Data. It serves as an online clearinghouse for a wealth of numbers: unemployment rates, prices of goods, GDP and CPI, things common and obscure. Today, FRED is more than a little bit famous, thanks to the publics fascination with economic data.
Federal Reserve Economic Data
And:
So how many jobs must be created every month to have an effect on the unemployment rate? There's an app for that.
http://www.frbatlanta.org/chcs/calculator/index.cfm
Federal Reserve Bank of Atlanta Jobs Calculator
Well, enough of that. On with the show.
Stuart G
(38,439 posts)According to one source, Google Finance, this is more than expected.
The consensus was 205,000, and this is 213,000.
jtuck004
(15,882 posts)In November 2012 the U.S. Census Bureau said more than 16% of the population lived in poverty, including almost 20% of American children,[7] up from 14.3% (approximately 43.6 million) in 2009 and to its highest level since 1993. - wiki
These shitty jobs are changing nothing, and we are getting worse.
Be happy when we get some people in office who will work to fix it instead of just pointing fingers or actively promoting policies that help the wealthy.
bhikkhu
(10,722 posts)than poor without one. Saying from experience.
The bigger problem that prevents poverty rates from improving isn't jobs, but a miserably low minimum wage. Nobody that works full time should have to live under the poverty level.
jtuck004
(15,882 posts)Slaves on plantations had jobs. And after that, most were poor sharecroppers in poverty to the company store until they died. Except for the ones that died of starvation waiting for the government to help them.
There is zero difference between sharecroppers and at least a third, perhaps a half, of our working population, with tens of millions more now looking at poverty for the rest of their lives. And probably their children's lives as well. Except that the sharecroppers at least, in name, had some ownership.
It ain't 1950 anymore - are people really this subservient? Reading your post it sounds like you prefer slavery over uncertain freedom?
There are about 412 million people working to make sure about 4 million stay fabulously wealthy. Doesn't need to be this way.
bhikkhu
(10,722 posts)than have to rely on the kindness of others. I've done both. If I had a job that didn't cover the cost of a roof and a meal, it was easier to find a little kindness if I was most of the way there already. And, as those things go, it was much easier to bear the dry few days before a check was due if I was working and knew there was a check coming.
"Servitude" is a derogatory term for doing things for other people. Personally, I think the human race by nature enjoys doing things for others. When I get a cup of coffee, I know someone made that for me and I appreciate it. Its nice that they seem happy to do so. At my own job, I enjoy fixing people's cars, usually. I like it most when I talk to the person first, and then deliver the vehicle in good order. They're happy, I'm happy. That there's money involved everywhere doesn't change that basic factor.
The problem isn't that people serve each other, the problem is that some are paid too little and valued far less than they should be. Nobody working full time should have to live in poverty. If so many people working full time didn't live in poverty, there would be much more kindness to go around for those that can't work, for whatever reason.
jtuck004
(15,882 posts)"America Has More Low-Paying Jobs Than Any Other Developed Country" < Here.
Virtually none of the jobs we are creating pay enough to secure a roof and a meal, or health care, or safety. What has happened is that just this year we finally recovered all the jobs lost UP TO 2008 by replacing more than half of our good paying jobs with much lower paying ones.
During that time the population increased by 12 million people for whom there was no increase in jobs. Net loss to date.
"Personally, I think the human race by nature enjoys doing things for others" < *snort* Sounds like something Mi$$ RobMe would be overheard saying on a video. I wonder what Frederick Douglass would have to say about how much he enjoyed it?
Net worth is still reducing for much of the country, although a small percentage is still gaining fabulously, aided by policies of this administration. (Note:If one thinks that isn't the plan, read Stress Test. This is exactly the plan to save the country for the few. Because without the banks, where would we be?
As we go forward, tens upon tens of millions of people are going to being to weigh heavier and heavier on the state, not because of Social Security, but because the money they were told to save for a rainy day was washed away in the flood of criminality of the past decades. That damage has never has never been made whole, yet our system is operating as if it has. These administrations are aiding banks, month after month, making it possible for the wealthy to flourish, but taking the resources, forever, that are needed to rebuild now. Just from the stress of the banks and others plundering the housing market we have hundreds of deaths, thousands of cases of disability, millions upon millions of families destroyed by these bastards. The carnage from what is coming is going to be much worse, as people find out all their hope that things are going to get better didn't do them a bit of good, and they are going to die poor and painfully. It didn't need to end that way, but it is the most likely scenario.
Highly doubtful that we can make up for the 10 or 20 or more years of a lost life and what it has now and will cost us in the future.
If the American middle class had been wrongly imprisoned and lost that much of their life at least they could sue the state. Here they were effectively told to vote for their own demise.
What is going on is the creation of a huge plantation state, where jobs that are crap are underwritten by our taxes until the entire thing implodes. And it will, because it will become valueless in comparison to a world economy where other countries are putting people, not profits, first.
It ain't creating jobs that secure a roof, food, or anything else for the vast majority of people, according to anything but a superficial reading of the information.
The low wage jobs being created today more than anything else insure continued fee payments for the wealthy and likely continued tragedies for the worker, who is most likely now in lifelong servitude.
Dopers_Greed
(2,640 posts)rtracey
(2,062 posts)There always seems to be some aspect of wrong data floating around...ok 213,000 added, but in a week, someone will come out and say 135,00o was added, then a week later, sorry 135,000 was wrong, we added 115,000.....why so different?
bigdarryl
(13,190 posts)JoePhilly
(27,787 posts)Notice anything about those???
Na.