ROSELAND, N.J., Feb. 3, 2021 /PRNewswire/ -- Private sector
employment increased by 174,000 jobs from December to January
according to the January 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.
January 2021 Report
Highlights*
View the ADP National Employment Report
Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private
Employment: 174,000
By Company Size
- Small businesses: 51,000
- 1-19 employees 26,000
- 20-49 employees 25,000
- Medium businesses: 84,000
- Large businesses: 39,000
- 500-999 employees 28,000
- 1,000+ employees 11,000
By Sector
- Goods-producing:
19,000
- Natural resources/mining 0
- Construction 18,000
- Manufacturing 1,000
- Service-providing:
156,000
- Trade/transportation/utilities 16,000
- Information -2,000
- Financial activities 1,000
- Professional/business services
40,000
- Professional/technical
services 16,000
- Management of
companies/enterprises 1,000
- Administrative/support services
24,000
- Education/health services 54,000
- Health care/social
assistance 48,000
- Education
6,000
- Leisure/hospitality 35,000
- Other services 10,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
**Complete details on franchise employment can be found
here.
"The labor market continues its slow recovery amid COVID-19
headwinds," said Ahu Yildirmaz, vice president and co-head of the
ADP Research Institute. "Although job losses were previously
concentrated among small and midsized businesses, we are now seeing
signs of the prolonged impact of the pandemic on large companies as
well."
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 December total of jobs added was revised from
-123,000 to -78,000.
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 February 2021 ADP National
Employment Report will be released at 8:15 a.m. ET on March 3,
2021.
About the ADP® National Employment Report™
The
ADP® National Employment Report™ 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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