ADP National Employment Report: Private Sector Employment Increased by 198,000 Jobs in February

ADP National Employment Report: Private Sector Employment Increased by 198,000 
Jobs in February 
ROSELAND, NJ -- (Marketwire) -- 03/06/13 --  Private sector
employment increased by 198,000 jobs from January to February,
according to the February ADP National Employment Report(R), which is
produced by 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 January 2013 report, which reported job gains of 192,000,
was revised upward by 23,000 to 215,000 jobs.  
February 2013 Report Highlights* 
View the ADP National Employment Report Infograph at
www.adpemploymentreport.com. 
Total U.S. Nonfarm Private Employment: 198,000 


 
--  By Company Size
    --  Small businesses: 77,000
        --  1-19 employees 47,000
        --  20-49 employees 29,000
            
            
    --  Medium businesses: 65,000
        --  50-499 employees 65,000
            
            
    --  Large businesses: 57,000
        --  500-999 employees 23,000
        --  1,000+ employees 34,000
            
            
--  By Sector
    --  Goods producing 34,000
    --  Service providing 164,000
        
        
--  Industry Snapshot
    --  Construction 21,000
    --  Manufacturing 9,000
    --  Trade/transportation/utilities 45,000
    --  Financial activities 7,000
    --  Professional/business services 35,000

  
*Sum of components may not equal total, due to rounding.  
Goods-producing employment rose by 34,000 jobs in February, driven
largely by a gain in construction jobs of 21,000. Meanwhile,
manufacturers added 9,000 jobs.  
Service-providing jobs increased by 164,000. Among the service
industries reported by the ADP National Employment Report,
trade/transportation/utilities services showed the largest gain with
45,000 jobs added over the month. Business/professional services
added 35,000 jobs and financial activities added 7,000 jobs.  
"In February 2013, the U.S. private sector added a total of 198,000
new jobs, with most of this job growth occurring in the services
sector," noted Carlos A. Rodriguez, president and chief executive
officer of ADP. "This growth can be attributed to comparable
contributions across all three company size segments." 
Mark Zandi, chief economist of Moody's Analytics, said, "The job
market remains sturdy in the face of significant fiscal headwinds.
Businesses are adding to payrolls more strongly at the start of 2013
with gains across all industries and business sizes. Tax increases
and government spending cuts don't appear to be affecting the job
market."  
To see Chart 1. Change in Total Nonfarm Private Employment, please
click here: 
http://media.marketwire.com/attachments/201303/MOD-134310_Chart1.ChangeinTotalNonfarmPrivateEmployment.jpg 
To see Chart 2. Historical Trend - Change in Total Nonfarm Private
Employment, please click here:
http://media.marketwire.com/attachments/201303/MOD-134311_Chart2.HistoricalTrend-ChangeinTotalNonfarmPrivateEmployment.jpg 
To see Chart 3. Change in Nonfarm Private Employment by Selected
Industry, please click here:
http://media.marketwire.com/attachments/201303/MOD-134312_Chart3.ChangeinNonfarmPrivateEmploymentbySelectedIndustry.jpg 
To see Chart 4. Change in Nonfarm Private Employment by Company Size,
please click here:
http://media.marketwire.com/attachments/201303/MOD-134313_Chart4.ChangeinNonfarmPrivateEmploymentbyCompanySize.jpg 
Businesses with 49 or fewer employees added 77,000 jobs in February.
Employment levels among medium-sized companies with 50-499 employees
rose by 65,000, while employment at large companies -- those with 500
or more employees -- increased by 57,000.  
The matched sample used to develop the ADP National Employment Report
was derived from ADP payroll data, which represents 416,000 U.S.
clients employing nearly 24 million workers in the U.S. 


 
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-----------
                                                                            
      Notice of Annual Revisions to the ADP National Employment Report(R)     
                                                                            
 ADP(R), in conjunction with Moody's Analytics, has published the following   
 scheduled annual revisions to the estimates of employment shown in the ADP 
 National Employment Report:                                                
                                                                            
 -- New regression coefficients and historical job growth estimates based   
 on ADP data and revised payroll data through December 2012 from the Bureau 
 of Labor Statistics;                                                       
 -- Incorporation of March 2012 industry and size class data from the       
 Quarterly Census of Employment and Wages (QCEW) in the generation process; 
 and                                                                        
 -- Adjustments of historical job growth estimates consistent with QCEW     
 data through March 2012 and the U.S. Bureau of Labor Statistics' annual    
 benchmarking process.                                                      
                                                                            
 Note: No revisions have been made to the methodology of computing the      
 estimates of employment shown in the ADP National Employment Report.       
 Annual revisions can be found by accessing the Historical Data File on     
 http://www.adpemploymentreport.com.                                    
                                                                            
----------------------------------------------------------------------------

 
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 monthly
in the ADP Small Business Report(R), a subset of the ADP National
Employment Report.  
February 2013 Small Business Report Highlights* 
Total Small Business Employment: 77,000 


 
--  By Size:
    --  1-19 employees 47,000
    --  20-49 employees 29,000
        
        
--  By Sector for 1-49 Employees:
    --  Goods producing 16,000
    --  Service providing 60,000
        
        
--  By Sector for 1-19 Employees:
    --  Goods producing 12,000
    --  Service providing 36,000
        
        
--  By Sector for 20-49 Employees:
    --  Goods producing 4,000
    --  Service providing 25,000

  
*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 www.adpemploymentreport.com. 
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 March 2013 ADP National Employment Report will be released at
8:15 a.m. ET on April 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 ADP(R), a
leading provider of human capital management solutions. The report,
which measures nearly 24 million U.S. workers, 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 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
www.adpemploymentreport.com/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
 ADP, 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 and human capital
management solutions. Leveraging over 60 years of experience and a
global footprint spanning more than 40 countries, ADP offers a wide
range of human resource, payroll, talent management, tax and benefits
administration solutions from a single source, and helps clients
comply with regulatory and legislative changes, such as the
Affordable Care Act. 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 Web site 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 2013,
ADP, Inc. 
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Media Contact: 
Kate Rambo 
Weber Shandwick for ADP 
(212) 445-8281 
krambo@webershandwick.com  
 
 
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