ADP National Employment Report: Private Sector Employment

ADP National Employment Report: Private Sector Employment Increased
by 118,000 Jobs in November 
ROSELAND, NJ -- (Marketwire) -- 12/05/12 --  Private sector
employment increased by 118,000 jobs from October to November,
according to the November ADP National Employment Report(R), which is
produced by Automatic Data Processing, Inc. (ADP(R)), a leading
provider of human capital management solutions, 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. The October 2012 report,
which reported job gains of 158,000, was revised down by 1,000 to
157,000 jobs. 
November 2012 Report Highlight* 
Click here to view the ADP National Employment Report Infograph   
Total U.S. Nonfarm Private Employment: 118,000 


 
--  By Company Size Small businesses: 19,000
    --  1-19 employees 13,000
    --  20-49 employees 6,000

Medium businesses:  33,000  


 
--  50-499 employees 33,000

Large businesses:  66,000  


 
--  500-999 employees 3,000
--  1,000+ employees 62,000

By Sector  
--  Goods producing 4,000Service providing 114,000  
Industry Snapshot  
--  Construction 23,000
--  Manufacturing
-16,000
--  Trade/transportation/utilities 22,000
--  Financial
activities 13,000
--  Professional/business services 16,000 
* Sum of components may not equal total, due to rounding.  
Goods-producing employment rose by 4,000 jobs in November as gains in
construction jobs of 23,000 more than offset the 16,000 decline in
manufacturing employment.  
Service-providing jobs increased by 114,000. Among the service
industries reported by the ADP National Employment Report,
trade/transportation/utilities services had the largest gain with
22,000 jobs added over the month. Professional/business services
added 16,000 jobs and financial activities added 13,000 jobs in
November.  
Carlos A. Rodriguez, president and chief executive officer of ADP,
said, "This month's ADP National Employment Report shows an increase
of 118,000 new jobs in November. Today's report shows that
year-to-date employment gains averaged 135,000 jobs per month." 
Mark Zandi, chief economist of Moody's Analytics, said, "Superstorm
Sandy wreaked havoc on the job market in November, slicing an
estimated 86,000 jobs from payrolls. The manufacturing, retailing,
leisure and hospitality, and temporary help industries were hit
particularly hard by the storm. Abstracting from the storm, the job
market turned in a good performance during the month. This is
especially impressive given the uncertainty created by the
Presidential election and the fast-approaching fiscal cliff.
Businesses appear to be holding firm on their hiring and firing
decisions." 
To see Chart 1. Change in Total Nonfarm Private Employment, please
click here:
http://media.marketwire.com/attachments/201212/54774_Image1.jpg 
To see Chart 2. Historical Trend - Change in Total Nonfarm Private
Employment, please click here:
http://media.marketwire.com/attachments/201212/54780_Image2.jpg  
To see Chart 3. Change in Nonfarm Private Employment by Selected
Industry, please click here:
http://media.marketwire.com/attachments/201212/54773_Image3.jpg  
To see Chart 4. Change in Nonfarm Private Employment by Company Size,
please click here:
http://media.marketwire.com/attachments/201212/54772_Image4.jpg  
Businesses with 49 or fewer employees added 19,000 jobs in November.
Employment levels among medium-sized companies with 50-499 employees
rose by 33,000, while employment at large companies -- those with 500
or more employees -- increased by 66,000.  
The matched sample used to develop the ADP National Employment Report
was derived from ADP payroll data, which, year to date represents
406,000 U.S. clients employing more than 23 million workers in the
U.S. 
ADP Small Business Report(R): 
Due to the important contribution that small businesses make to
economic growth, employment data that are specific to businesses with
49 or fewer employees is reported in the ADP Small Business Report(R)
each month. The ADP Small Business Report is a subset of the ADP
National Employment Report.  
November Small Business Highlights*  
--  By Size:  
--  1-19
employees 13,000
--  20-49 employees 6,000  
--  By Sector for 1 -
49 Employees 
:
--  Goods producing 3,000
--  Service providing
16,000  
--  By sector for 1-19 employees: 
--  Goods producing
3,000
--  Service providing 10,000  
--  By sector for 20-49
employees:  
--  Goods producing 0
--  Service providing 6,000 
* Sum of components may not equal total, due to rounding.  
Additional information about small business employment, including
charts on monthly job growth and employment levels along with
historical data, is available at
http://www.adpemploymentreport.com/2012/November/SBS/SBS-NER-November-2012.aspx. 
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 December 2012 ADP National Employment Report will be released at
8:15 a.m. ET on January 3, 2013. 
About the ADP National Employment Report(R) 
The ADP National Employment Report(R) is a monthly measure of the
change in total U.S. nonfarm private employment derived from actual,
anonymous payroll data of client companies served by Automatic Data
Processing, Inc. (ADP(R)), a leading provider of human capital
management solutions. The report is produced by the ADP Research
Institute, a specialized group within the company that provides
insights around employment trends and workforce strategy, in
collaboration with Moody's Analytics, Inc. 
The ADP National Employment Report's measure of employment is derived
from an anonymous subset of roughly 406,000 U.S. clients, which
employ more than 23 million U.S. workers. The ADP Small Business
Report is a monthly estimate of private nonfarm employment among
companies in the U.S. with 1-49 employees and is a subset of the ADP
National Employment Report. The data for both reports is collected
for pay periods that can be interpolated to include the week of the
12th of each month, and processed with statistical methodologies
similar to those used by the U.S. Bureau of Labor Statistics to
compute employment from its monthly survey of establishments. Due to
this processing, this subset is modified to make it indicative of
national employment levels; therefore, the resulting employment
changes computed for the ADP National Employment Report are not
representative of changes in ADP's total base of U.S. business
clients. 
For a description of the underlying data and the statistical model
used to create this report, please see "ADP National Employment
Report: Development Methodology" at
http://www.adpemploymentreport.com/common/docs/ADP-NER-Methodology-Full-Detail.pdf. 
About Moody's Analytics 
 Moody's Analytics helps capital markets and
risk management professionals worldwide respond to an evolving
marketplace with confidence. The company offers unique tools and best
practices for measuring and managing risk through expertise and
experience in credit analysis, economic research and financial risk
management. By providing leading-edge software, advisory services and
research, including the proprietary analysis of Moody's Investors
Service, Moody's Analytics integrates and customizes its offerings to
address specific business challenges. Moody's Analytics is a
subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue
of $2.3 billion in 2011, employs approximately 6,500 people worldwide
and has a presence in 28 countries. Further information is available
at www.moodysanalytics.com.  
About ADP
 Automatic Data Processing, Inc. (NASDAQ: ADP), with more
than $10 billion in revenues and approximately 600,000 clients, is
one of the world's largest providers of business outsourcing
solutions. Leveraging over 60 years of experience, ADP offers a wide
range of human resource, payroll, tax and benefits administration
solutions from a single source. ADP's easy-to-use solutions for
employers provide superior value to companies of all types and sizes.
ADP is also a leading provider of integrated computing solutions to
auto, truck, motorcycle, marine, recreational vehicle, and heavy
equipment dealers throughout the world. For more information about
ADP or to contact a local ADP sales office, reach us at
1.800.225.5237 or visit the company's website at www.ADP.com. 
The ADP logo, ADP, ADP National Employment Report, and ADP Small
Business Report are registered trademarks of ADP, Inc. ADP Research
Institute is a service mark of ADP, Inc. Copyright Copyright 2012,
ADP, Inc. 
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Media Contact: 
Michael Schneider
Corporate Communications, 
ADP 
(973) 567-1775
Michael.Schneider@adp.com 
 
 
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