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National Employment Report

All articles tagged with #national employment report

business2 years ago

Private Sector Job Growth in November Falls Short of Expectations: ADP Report

According to the ADP National Employment Report, private sector employment in the US increased by 103,000 jobs in November, with annual pay up 5.6% year-over-year. The report also highlighted that job growth in leisure and hospitality, which had been strong during the post-pandemic recovery, is expected to moderate in the coming year. Additionally, pay growth slowed in November, with job-stayers seeing a 5.6% increase and job-changers experiencing pay gains of 8.3%, the smallest increase since June 2021.

business2 years ago

"October Sees 113,000 Job Increase and 5.7% Rise in Annual Pay: ADP Report"

According to the ADP National Employment Report, private sector employment in the US increased by 113,000 jobs in October, with annual pay up 5.7% year-over-year. The report provides insights into job growth and pay trends based on anonymized payroll data. While no single industry dominated hiring, leisure and hospitality, education, and healthcare were the top job creators. Pay growth slowed to a two-year low, with job-stayers experiencing a 5.7% increase in pay, while job-changers saw an 8.4% increase. Despite a slowdown in the labor market, consumer spending remains strong.

economic-report2 years ago

"September Sees 89,000 Job Increase and 5.9% Annual Pay Rise: ADP Report"

According to the September ADP National Employment Report, private sector employment in the US increased by 89,000 jobs in September, while annual pay was up 5.9% year-over-year. The report also highlighted a decline in job growth and wages over the past 12 months. Large establishments drove the slowdown in job growth, losing 83,000 jobs, while pay gains slowed for both job stayers and job changers.

business2 years ago

"Surprising Surge: US Private Sector Adds 497,000 Jobs in June, ADP Reports"

According to the ADP National Employment Report, private sector employment in the US increased by 497,000 jobs in June, with annual pay up 6.4% year-over-year. Job creation was driven by consumer-facing service industries, although wage growth in these industries continues to slow. The report also provides detailed data on employment changes by industry sector, region, and establishment size.