Private Sector Job Growth Tops Expectations in March with Gain of 263K

(Updated - April 5, 2017 8:18 AM EDT)

• ADP Employment Change (Mar) 263K vs 185K Expected

Private sector employment increased by 263,000 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 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.

March 2017 Report Highlights*

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

Total U.S. Nonfarm Private Employment: 263,000

By Company Size

• Small businesses: 118,000
  • 1-19 employees 60,000
  • 20-49 employees 58,000
• Medium businesses: 100,000
  • 50-499 employees 100,000
• Large businesses: 45,000
  • 500-999 employees 8,000
  • 1,000+ employees 37,000

By Sector

• Goods-producing: 82,000
  • Natural resources/mining 4,000
  • Construction 49,000
  • Manufacturing 30,000
• Service-providing: 181,000
  • Trade/transportation/utilities 34,000
  • Information -10,000
  • Financial activities 25,000
  • Professional/business services 57,000
    • Professional/technical services 27,000
    • Management of companies/enterprises 6,000
    • Administrative/support services 25,000
  • Education/health services 13,000
    • Health care/social assistance 46,000
    • Education -32,000
  • Leisure/hospitality 55,000
  • Other services 6,000

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

• Franchise Employment**
  • Franchise jobs 13,900

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

"The U.S. labor market finished the first quarter on a strong note," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Consumer dependent industries including healthcare, leisure and hospitality, and trade had strong growth during the month."

Mark Zandi, chief economist of Moody's Analytics, said, "Job growth is off to a strong start in 2017. The gains are broad based but most notable in the goods producing side of the economy including construction, manufacturing and mining."

To see Chart 1. Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201704/MOD-102323_Chart1.jpg

To see Chart 2. Historical Trend -- Change in Total Nonfarm Private Employment, please click here: http://media.marketwire.com/attachments/201704/MOD-102324_Chart2.jpg

To see Chart 3. Change in Nonfarm Private Employment by Selected Industry, please click here: http://media.marketwire.com/attachments/201704/MOD-102325_Chart3.jpg

To see Chart 4. Change in Nonfarm Private Employment by Company Size, please click here: http://media.marketwire.com/attachments/201704/MOD-102326_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 February total of jobs added was revised down from 298,000 to 245,000.

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 April 2017 ADP National Employment Report will be released at 8:15 a.m. ET on May 3, 2017.

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