Private Sector Job Gains for October Top Estimates at 235 Thousand

(Updated - November 1, 2017 8:16 AM EDT)

ADP Employment Change (Oct) 235K vs 200K Expected

Private sector employment increased by 235,000 jobs from September to October according to the October 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.

October 2017 Report Highlights*

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment: 235,000

By Company Size

• Small businesses: 79,000
  • 1-19 employees 43,000
  • 20-49 employees 36,000
• Medium businesses: 66,000
  • 50-499 employees 66,000
• Large businesses: 90,000
  • 500-999 employees 20,000
  • 1,000+ employees 70,000

By Sector

• Goods-producing: 85,000
  • Natural resources/mining 1,000
  • Construction 62,000
  • Manufacturing 22,000
• Service-providing: 150,000
  • Trade/transportation/utilities -50,000
  • Information -27,000
  • Financial activities 9,000
  • Professional/business services 109,000
    • Professional/technical services 68,000
    • Management of companies/enterprises 8,000
    • Administrative/support services 34,000
  • Education/health services 39,000
    • Health care/social assistance 44,000
    • Education -5,000
  • Leisure/hospitality 45,000
  • Other services 24,000

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

• Franchise Employment**
  • Franchise jobs 30,600

**Complete details on franchise employment can be found here.

"The job market remains healthy and hiring bounced back with one of the best performances we've seen all year," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Although the service providing sector was hard hit last month due to the weather, we saw significant growth in professional services, especially in the higher paid professional technical jobs. Additionally, small businesses rebounded well from the impact of Hurricanes Harvey and Irma, posting very strong gains."

Mark Zandi, chief economist of Moody's Analytics, said, "The job market rebounded strongly from the hit it took from Hurricanes Harvey and Irma. Resurgence in construction jobs shows the rebuilding is already in full swing. Looking through the hurricane-created volatility, job growth is robust."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201711/MOD-104760_Chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201711/MOD-104761_Chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201711/MOD-104762_Chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201711/MOD-104763_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 September total of jobs added was revised down from 135,000 to 110,000.

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 November 2017 ADP National Employment Report will be released at 8:15 a.m. ET on December 6, 2017.

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