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UPDATE: ADP Employment Change (Mar) 200K vs 195K Expected

March 30, 2016 8:15 AM EDT
(Updated - March 30, 2016 8:16 AM EDT)

  • ADP Employment Change (Mar) 200K vs 195K Expected

Private sector employment increased by 200,000 jobs from February to March according to the March ADP National Employment Report. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP 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.

March 2016 Report Highlights*

View the ADP National Employment Report Infographic atwww.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 200,000

  • By Company Size
    • Small businesses: 86,000
      • 1-19 employees 51,000
      • 20-49 employees 35,000
    • Medium businesses: 75,000
      • 50-499 employees 75,000
    • Large businesses: 39,000
      • 500-999 employees 20,000
      • 1,000+ employees 18,000
  • By Sector
    • Goods-producing 9,000
    • Service-providing 191,000
  • Industry Snapshot
    • Construction 17,000
    • Manufacturing 3,000
    • Trade/transportation/utilities 42,000
    • Financial activities 14,000
    • Professional/business services 28,000

* Sum of components may not equal total, due to rounding.

Payrolls for businesses with 49 or fewer employees increased by 86,000 jobs in March, up from February's downwardly revised 68,000. Employment at companies with 50-499 employees increased by 75,000 jobs, up from February's 60,000. Employment at large companies -- those with 500 or more employees -- dropped off to 39,000 which is about half of February's 77,000. Companies with 500-999 employees added 20,000 jobs, up from 14,000 in February. Companies with over 1,000 employees fell from 63,000 jobs added in February to 18,000 this month.

Goods-producing employment rose by 9,000 jobs in March, up from a downwardly revised 2,000 in February. The construction industry added 17,000 jobs, which was down from February's 24,000. Meanwhile, manufacturing added 3,000 jobs after losing 9,000 the previous month.

Service-providing employment rose by 191,000 jobs in March, down from 204,000 in February. The ADP National Employment Report indicates that professional/business services contributed 28,000 jobs, down sharply from February's 51,000. Trade/transportation/utilities grew by 42,000, well above the 24,000 jobs added the previous month. Financial activities added 14,000 jobs which is in line with the average monthly increase in that sector over the past year.

"The Trade, Transportation and Utilities sector had its best month of employment gains since last June," said Ahu Yildirmaz, VP and head of the ADP Research Institute. "Steady employment growth and accelerating wage growth in the workforce appear to be benefitting the Trade segment in particular."

Mark Zandi, chief economist of Moody's Analytics, said, "The job market continues on its amazing streak. The March job gain of 200,000 is consistent with average monthly job growth of the past more than four years. The only industry reducing payrolls is energy as has been the case for over a year. All indications are that the job machine will remain in high gear."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201603/MOD-32685_Chart1.ChangeinTotalNonfarmPrivateEmployment.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here:http://media.marketwire.com/attachments/201603/MOD-32686_Chart2.HistoricalTrendChangeinTotalNonfarmPrivateEmployment.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here:http://media.marketwire.com/attachments/201603/MOD-32687_Chart3.ChangeinNonfarmPrivateEmploymentbySelectedIndustry.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201603/MOD-32688_Chart4.ChangeinNonfarmPrivateEmploymentbyCompanySize.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 February total of jobs added was revised from 214,000 to 205,000.

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.



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