ADP report finds ‘strong and steady’ job gains

Daily News – 1 October 2014

U.S. private sector employment rose by 213,000 jobs in September, according to the ADP national employment report produced by Automatic Data Processing Inc.

(NASD: ADP) in collaboration with Moody’s Analytics.

August’s increase marks the sixth consecutive month of employment gains above 200,000.

“Job gains remain strong and steady,” said Mark Zandi, chief economist of Moody’s Analytics. “The pace of job growth has been remarkably similar for the past several years. Especially encouraging most recently is the increasingly broad base nature of those gains. Nearly all industries and companies of all sizes are adding consistently to payrolls.”

Small businesses added 88,000 jobs in September. Midsize businesses added 48,000 jobs and large businesses added 77,000 jobs.

By sector, the service-providing sector added 155,000 jobs, and the goods-producing sector added 58,000 jobs.


No comments yet.

Leave a Reply