ADP National Employment Report: Private Sector Employment Increased by 568,000 Jobs in September
ADP National Employment Report indicates a significant rise in private sector jobs, adding 568,000 jobs from August to September 2021. Small businesses contributed 63,000 jobs, medium businesses 115,000, and large businesses 390,000. The services sector dominated job creation with 466,000 jobs added, while goods-producing sectors added 102,000 jobs. Despite a slowdown compared to previous months, the report reflects ongoing recovery in the labor market. The revised August job additions decreased to 340,000 from 374,000.
- Private sector added 568,000 jobs from August to September 2021.
- Strong job growth in large businesses with 390,000 additions.
- Service-providing sector led with 466,000 jobs added.
- Previous month's job addition revised down from 374,000 to 340,000.
- Labor market recovery shows slowdown from 748,000 jobs pace in Q2.
ROSELAND, N.J., Oct. 6, 2021 /PRNewswire/ -- Private sector employment increased by 568,000 jobs from August to September according to the September 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 data of those who are on a company's payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
September 2021 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 568,000
By Company Size
- Small businesses: 63,000
- 1-19 employees 20,000
- 20-49 employees 43,000
- Medium businesses: 115,000
- 50-499 employees 115,000
- Large businesses: 390,000
- 500-999 employees 36,000
- 1,000+ employees 354,000
By Sector
- Goods-producing: 102,000
- Natural resources/mining 7,000
- Construction 46,000
- Manufacturing 49,000
- Service-providing: 466,000
- Trade/transportation/utilities 54,000
- Information 11,000
- Financial activities 22,000
- Professional/business services 61,000
- Professional/technical services 35,000
- Management of companies/enterprises 3,000
- Administrative/support services 24,000 - Education/health services 66,000
- Health care/social assistance 43,000
- Education 22,000 - Leisure/hospitality 226,000
- Other services 28,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
- Franchise jobs 25,800
**Complete details on franchise employment can be found here.
"The labor market recovery continues to make progress despite a marked slowdown from the 748,000 job pace in the second quarter," said Nela Richardson, chief economist, ADP. "Leisure and hospitality remains one of the biggest beneficiaries to the recovery, yet hiring is still heavily impacted by the trajectory of the pandemic, especially for small firms. Current bottlenecks in hiring should fade as the health conditions tied to the COVID-19 variant continue to improve, setting the stage for solid job gains in the coming months."
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million workers in the U.S. The August total of jobs added was revised from 374,000 to 340,000.
To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.
The October 2021 ADP National Employment Report will be released at 8:15 a.m. ET on November 3, 2021.
About the ADP® National Employment ReportTM
The ADP® National Employment ReportTM is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 26 million U.S. workers, is produced by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody's Analytics, Inc.
Each month, ADP Research Institute issues the ADP National Employment Report as part of the company's commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.
The data for this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP's total base of U.S. business clients.
For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.
About the ADP Research Institute
The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.
About Moody's Analytics
Moody's Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs.
About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com
ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report, and ADP Research Institute are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.
Copyright © 2021 ADP, Inc. All rights reserved.
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