US private-sector employment increased by 201,000 jobs in March according to ADP

Press release from the issuing company

Wednesday, March 30th, 2011

Roseland, N.J. – Private-sector employment increased by 201,000 from February to March on a seasonally adjusted basis, according to the latest ADP National Employment Report released today. The ADP National Employment Report, created by Automatic Data Processing, Inc. (ADP), in partnership with Macroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month.

According to the ADP Report, employment in the service-providing sector rose by 164,000 in March, marking fifteen consecutive months of employment gains. Employment in the goods-producing sector rose 37,000, the fifth consecutive monthly gain. Manufacturing employment rose 37,000, the sixth consecutive monthly gain.

"Today's ADP National Employment Report confirms that U.S. private-sector employment growth has averaged about 175,000 jobs over the last six months," said Gary C. Butler, President and Chief Executive Officer of ADP. "Based on real-time information across all markets and industries, the ADP Report continues to estimate solid job growth that is now being reflected in other indicators of employment. I am encouraged that job growth in the first quarter of 2011 has shown considerable improvement compared to the last quarter of 2010."

According to Joel Prakken, Chairman of Macroeconomic Advisers, LLC, "This month's ADP National Employment Report removes any remaining doubt that nonfarm private employment accelerated heading into 2011. The increase of 201,000 is in line with the consensus expectation both for today's report and for Friday's jobs report from the Bureau of Labor Statistics.

"The average monthly increase in employment over the last four months – December through March – has been 211,000, consistent with a gradual if uneven decline in the unemployment rate," he continued. "This is almost three times the average monthly gain of 74,000 over the preceding four months of August through November. Small-business employment continued to drive growth, rising 102,000 in March after a solid gain of 96,000 in February."

Small Business Highlights – March Report:

Due to the important contribution small businesses make to economic growth, employment data that is specific to businesses with fewer than 50 employees will be reported in the ADP Small Business Report each month. The ADP Small Business Report is a subset of the ADP National Employment Report.* Total nonfarm private small business employment: +102,000 Goods-producing sector: +13,000 small business jobs Service-providing sector: +89,000 small business jobs
*All size data included in the ADP National Employment Report is based on size of payroll. In some cases, small and medium-size payrolls belong to businesses employing more workers than indicated by the size grouping.

Private employment among small businesses increased by 102,000 in March, according to the ADP Small Business Report released today. Additional information about small business employment, including charts on monthly job growth and employment levels, along with historical data, is available at http://www.smallbusinessreport.adp.com.

"Employment among small businesses, defined as those with fewer than 50 workers, increased by 102,000 during March," said Joel Prakken. "These gains are being driven by service providers, but employment among goods producers has now been positive for three straight months."