ADP Employment Change (Apr) 177K vs 175K Expected
(Updated - May 3, 2017 8:16 AM EDT)
- ADP Employment Change (Apr) 177K vs 175K Expected
Private sector employment increased by 177,000 jobs from March to April according to the April 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.
April 2017 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: 177,000
By Company Size
By Sector
* Sum of components may not equal total, due to rounding.
**Complete details on franchise employment can be found here.
"In April we saw a moderate slowdown from the strong pace of hiring in the first quarter," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Despite a dip in job creation, the growth is more than strong enough to accommodate the growing population as the labor market nears full employment. Looking across company sizes, midsized businesses showed persistent growth for the past six months."
Mark Zandi, chief economist of Moody's Analytics, said, "Job growth slowed in April due to a pullback in construction and retail jobs. The softness in construction is continued payback from outsized growth during the mild winter. Brick-and-mortar retailers cut jobs in response to withering competition from online merchants."
To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201705/MOD-102748_Chart1.jpg
To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201705/MOD-102749_Chart2.jpg
To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201705/MOD-102750_Chart3.jpg
To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201705/MOD-102751_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 March total of jobs added was revised down from 263,000 to 255,000.
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 May 2017 ADP National Employment Report will be released at 8:15 a.m. ET on June 1, 2017.
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