U.S. Private-Sector Employment Increased By 110,000 Jobs In October
Press release from the issuing company
Wednesday, November 2nd, 2011
Private-sector employment increased by 110,000from September to October on a seasonally adjusted basis, according to the latestADP National Employment Reportreleased today.TheADP National Employment Report, created byAutomatic Data Processing, Inc. (ADP), in partnership withMacroeconomic Advisers, LLC, is derived from actual payroll data and measures the change in total nonfarm private employment each month. The estimated advance in employment from August to September was revised up to 116,000 from the initially reported 91,000.
U.S. Nonfarm Private Employment Highlights – October, 2011 Report:
| • Total employment: | +110,000 |
| • Small businesses:* | +58,000 |
| • Medium businesses:** | +53,000 |
| • Large businesses:*** | -1,000 |
| • Goods-producing sector: | -4,000 |
| • Service-providing sector: | +114,000 |
| Addendum: | |
| • Manufacturing industry: : | -8,000 |
* Small businesses represent payrolls with 1-49 employees
** Medium businesses represent payrolls with 50-499 employees
*** Large businesses represent payrolls with more than 499 employees
Note: All 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.
According to today’sADP National Employment Report, employment in the nonfarm private business sector rose 110,000 from September to October on a seasonally adjusted basis. Employment in the private, service-providing sector rose 114,000 in October, down a bit from an increase of 122,000 in September. Employment in the private, goods-producing sector declined 4,000 in October, while manufacturing employment declined by 8,000.
“October’s job growth came exclusively from the services sector,” said Gary C. Butler, Chief Executive Officer of ADP. “Such a result explains the growth in professional and business services employment. It also reflects manufacturers’ uncertainty around investment and hiring. Nevertheless, we are seeing a better balance between small- and medium-sized business job growth compared to previous months.”
According to Joel Prakken, Chairman of Macroeconomic Advisers, LLC, “Today’sADP National Employment Reportsuggests that employment continued to grow moderately in October. The recent trend in private employment is probably below a pace consistent with a stable unemployment rate and reflects the sluggish pace of GDP growth exhibited earlier this year.”
Prakken continued: “Employment on medium payrolls—those with 50 to 499 workers—rose 53,000 and employment on large payrolls—those with 500 or more workers—declined 1,000. Employment in the construction industry fell 1,000 in September.”
The matched sample used to develop theADP National Employment Reportwas derived from ADP data, which, during 2010, averaged about 337,000 U.S. business clients and represented over 21 million U.S. employees. This approximately represents the size of the matched sample used this month.
Small Business Highlights – October Report:
Due to the important contribution small businesses make to economic growth, employment data that is specific to businesses with fewer than 50 employees is reported in theADP Small Business Reporteach month. TheADP Small Business Reportis a subset of theADP National Employment Report.*
- Total nonfarm private small business employment: 58,000 jobs create.
- There were no jobs created in the small business, goods-producing sector in October.
- Service-providing sector: 58,000 small business jobs created
*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.
Prakken added:“Employment on small payrolls—those with up to 49 workers—rose 58,000 in October, down from the 64,000 jobs created among small businesses last month.”


