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UPDATE: ADP Says Private-Sector Employment Up 201K in August; Sm. Business Employment Creates 99K Jobs

September 6, 2012 8:15 AM EDT Send to a Friend
(Updated - September 6, 2012 8:17 AM EDT)

Private-sector employment increased by 201,000 from July to August on a seasonally adjusted basis, according to the latest ADP National Employment Report released today. Economists had expected at gain of only 140,000.

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.

The estimated gain from June to July was revised up from the initial estimate of 163,000 to 173,000.

Employment levels among medium-sized payrolls -- those with 50 to 499 workers -- rose by 86,000, while employment on large payrolls -- those with 500 or more workers -- increased by 16,000 jobs in August.

The matched sample used to develop the ADP National Employment Report was derived from ADP data, which, during 2011, averaged about 344,000 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 -- August 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 the ADP Small Business Report each month. The ADP Small Business Report is a subset of the ADP National Employment Report.

Employment on small payrolls -- those with up to 49 workers -- rose 99,000 in August.

Total nonfarm private small business employment:
  • 99,000 jobs created
  • Goods-producing sector gained 7,000 jobs
  • Service-providing sector added 92,000 jobs




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