ADP National Employment Report: Private Sector Employment Increased by 163,000 Jobs in August

Staff Report

Monday, September 10th, 2018

Private sector employment increased by 163,000 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.  

August 2018 Report Highlights

Total U.S. Nonfarm Private Employment:     163,000

By Company Size

- Small businesses:     21,000

  • 1-19 employees     9,000

  • 20-49 employees     12,000

- Medium businesses:     111,000

  • 50-499 employees     111,000

- Large businesses:     31,000

  • 500-999 employees     27,000

  • 1,000+ employees     4,000

By Sector

- Goods-producing:     24,000

  • Natural resources/mining      -1,000

  • Construction     5,000

  • Manufacturing     19,000

- Service-providing:     139,000

  • Trade/transportation/utilities     21,000

  • Information     8,000

  • Financial activities     7,000

  • Professional/business services     38,000

    • Professional/technical services     10,000

    • Management of companies/enterprises     5,000

    • Administrative/support services     23,000

  • Education/health services     31,000

    • Health care/social assistance     19,000

    • Education     12,000

  • Leisure/hospitality     25,000

  • Other services     8,000

- Franchise Employment

  • Franchise jobs     20,700

"Although we saw a small slowdown in job growth, the market remains incredibly dynamic," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Midsized businesses continue to be the engine of growth, adding nearly 70 percent of all jobs this month, and remain resiliant in the current economic climate." 

Mark Zandi, chief economist of Moody's Analytics, said, "The job market is hot. Employers are aggressively competing to hold onto their existing workers and to find new ones. Small businesses are struggling the most in this competition, as they increasingly can't fill open positions." 

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The July total of jobs added was revised down from 219,000 to 217,000.