ADP National Employment Report: Private Sector Employment Increased by 257,000 Jobs in December

[mahatmakanejeeves]

Last edited Wed Feb 3, 2016, 10:08 AM - Edit history (3)

Source: Automatic Data Processing, ADP®

ROSELAND, N.J. – January 6, 2016 – Private sector employment increased by 257,000 jobs from November to December according to the December ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP® 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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Total Employment

Change in Nonfarm Private Employment



Historical Trend

Change in Total Nonfarm Private Employment



Source: ADP® (Automatic Data Processing)

Read more: http://www.adpemploymentreport.com/2015/December/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-December2015-Final-Press-Release.pdf

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I keep adding the source for this, but the text editing software refuses to accept it. I don't know what's wrong. Can someone look into this? Thanks.


[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 November 2015:

Payroll employment rises by 211,000 in November; unemployment rate unchanged at 5.0%

ADP® (Automatic Data Processing), for employment in November 2015:

ADP National Employment Report: Private Sector Employment Increased by 217,000 Jobs in November

Bureau of Labor Statistics, for employment in October 2015:

Payroll employment rises by 271,000 in October; jobless rate essentially unchanged (5.0%)

ADP® (Automatic Data Processing), for employment in October 2015:

ADP National Employment Report: Private Sector Employment Increased by 182,000 Jobs in October

Bureau of Labor Statistics, for employment in September 2015:

Payroll employment rises by 142,000 in September; unemployment rate remains at 5.1%

ADP® (Automatic Data Processing), for employment in September 2015:

ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in September

Bureau of Labor Statistics, for employment in August 2015:

Payroll employment rises by 173,000 in August; unemployment rate edges down to 5.1%

ADP® (Automatic Data Processing), for employment in August 2015:

ADP National Employment Report: Private Sector Employment Increased by 190,000 Jobs in August

Bureau of Labor Statistics, for employment in July 2015:

Payroll employment rises by 215,000 in July; unemployment rate unchanged at 5.3%

ADP® (Automatic Data Processing), for employment in July 2015:

ADP National Employment Report: Private Sector Employment Increased by 185,000 Jobs in July

Bureau of Labor Statistics, for employment in June 2015:

Payroll employment rises by 223,000 in June; unemployment rate declines to 5.3%

ADP® (Automatic Data Processing), for employment in June 2015:

ADP National Employment Report: Private Sector Employment Increased by 237,000 Jobs in June

Bureau of Labor Statistics, for employment in May 2015:

Payroll employment rises by 280,000 in May; unemployment rate essentially unchanged (5.5%)

ADP® (Automatic Data Processing), for employment in May 2015:

ADP National Employment Report: Private Sector Employment Increased by 201,000 Jobs in May

[JoePhilly]

1. Thanks Obama!

[forest444]

2. "It's an Obummer lie!," yelled a tea bagger.

"My cousin Jethro can't even get a job at the moonshine plant!"

[Galileo126]

3. But with each jobs report, they never say *what KIND of jobs*

Sure - 250,000 low wage service crap jobs.

USA! USA!

Whatev.....

[mahatmakanejeeves]

4. From the linked article:

Payrolls for businesses with 49 or fewer employees increased by 95,000 jobs in December, up from November’s downwardly revised 72,000. Employment among companies with 50-499 employees increased by 65,000 jobs, up about 10 percent from last month. Employment at large companies – those with 500 or more employees – came in at 97,000 an increase from the upwardly revised 80,000 jobs added in November. Companies with 500-999 added 39,000 jobs, while companies with over 1,000 employees gained 58,000 jobs.

Goods-producing employment rose by 23,000 jobs in December, well up from a downwardly revised -2,000 the previous month. The construction industry added 24,000 jobs, which was roughly in line with the 21,000 average monthly jobs gained for the year. Meanwhile, manufacturing stayed in positive territory for the second straight month adding 2,000 jobs.

Service-providing employment rose by 234,000 jobs in December, up from an upwardly revised 213,000 in November. The ADP National Employment Report indicates that professional/business services contributed 66,000 jobs, the largest increase in this sector in 2015. Trade/transportation/utilities grew by 38,000, off a bit from an upwardly revised 41,000 the previous month. The 13,000 new jobs added in financial activities were right in line with the average for the year.

[whatthehey]

5. You do know the BLS tracks median income right?

And that it shows a solid trend of small but steady increases lately whether in nominal or real terms?

[davidpdx]

6. That's a pretty strong jobs report

If it matches the official numbers that come out on Friday, then it may spur the Fed to raise interest rates again the next time they meet. Of course they are also going to consider world events as well, which has been pretty bad news lately.