ADP Employment Change (Nov) 216K vs 170K Expected
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(Updated - November 30, 2016 8:16 AM EST)
- ADP Employment Change (Nov) 216K vs 170K Expected
Private sector employment increased by 216,000 jobs from October to November according to the November 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.
The ADP Research Institute has published 2017 dates for when the ADP National Employment Report and ADP Regional Employment Report will be issued, please find them here.
November 2016 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 216,000
By Company Size
* Sum of components may not equal total, due to rounding.
**Complete details on franchise employment can be found here.
"For the month of November 2016 we saw very strong job growth that has almost doubled in gains over October 2016," said Ahu Yildirmaz, vice president and head of the ADP Research Institute. "This growth was seen in primarily consumer-driven industries like retail and leisure and hospitality -- across all company sizes. Overall, consumers are feeling confident and are driving the strong performance we currently see in the job market."
Mark Zandi, chief economist of Moody's Analytics, said, "Businesses hired aggressively in November and there is little evidence that the uncertainty surrounding the presidential election dampened hiring. In addition, because of the tightening labor market, retailers may be accelerating seasonal hiring to secure an adequate workforce to meet holiday demand, although total expected seasonal hiring may be no higher than last year's."
To see Chart 1. Change in Total Nonfarm Private Employment, please click here:http://media.marketwire.com/attachments/201611/MOD-100376_Chart1.jpg
To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here:http://media.marketwire.com/attachments/201611/MOD-100377_Chart2.jpg
To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here:http://media.marketwire.com/attachments/201611/MOD-100378_Chart3.jpg
To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here:http://media.marketwire.com/attachments/201611/MOD-100379_Chart4.jpg
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 October total of jobs added was revised down from 147,000 to 119,000.
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 December 2016 ADP National Employment Report will be released at 8:15 a.m. ET on January 5, 2017.
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