Private businesses in the US hired 177 thousand workers in August 2023, the least in five months, missing market expectations of a 195 thousand rise and following an upwardly revised 371 thousand increase in July. The service-providing sector added 154 thousand jobs, led by education & health (52 thousand), trade, transportation & utilities (45 thousand), leisure & hospitality (30 thousand), professional & business (15 thousand) and information (5 thousand). Additionally, the goods-producing sector added 23 thousand jobs, with boosts in manufacturing (12 thousand), construction (6 thousand) and mining (5 thousand). "This month's numbers are consistent with the pace of job creation before the pandemic," said Nela Richardson, chief economist, ADP. "After two years of exceptional gains tied to the recovery, we're moving toward more sustainable growth in pay and employment as the economic effects of the pandemic recede." source: Automatic Data Processing, Inc.

ADP Employment Change in the United States averaged 130.04 Thousand from 2010 until 2023, reaching an all time high of 938.00 Thousand in July of 2021 and a record low of -6845.00 Thousand in April of 2020. This page provides the latest reported value for - United States ADP Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ADP Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

ADP Employment Change in the United States is expected to be 80.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States ADP Employment Change



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-02 12:15 PM Jul 324K 455K 189K 210.0K
2023-08-30 12:15 PM Aug 177K 371K 195K 210K
2023-10-04 12:15 PM Sep 177K 80.0K


Related Last Previous Unit Reference
Unemployment Rate 3.50 3.60 percent Jul 2023
Non Farm Payrolls 187.00 185.00 Thousand Jul 2023
Initial Jobless Claims 230.00 240.00 Thousand Aug 2023
Continuing Jobless Claims 1702.00 1711.00 Thousand Aug 2023
ADP Employment Change 177.00 371.00 Thousand Aug 2023
Job Offers 8827.00 9165.00 Thousand Jul 2023
Challenger Job Cuts 23697.00 40709.00 Persons Jul 2023

United States ADP Employment Change
The ADP National Employment Report measures levels of non-farm private employment. The Report is based on the actual payroll data from about 25 million employees and is produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
Actual Previous Highest Lowest Dates Unit Frequency
177.00 371.00 938.00 -6845.00 2010 - 2023 Thousand Monthly
SA

News Stream
US Private Employment Rises Less Than Expected
Private businesses in the US hired 177 thousand workers in August 2023, the least in five months, missing market expectations of a 195 thousand rise and following an upwardly revised 371 thousand increase in July. The service-providing sector added 154 thousand jobs, led by education & health (52 thousand), trade, transportation & utilities (45 thousand), leisure & hospitality (30 thousand), professional & business (15 thousand) and information (5 thousand). Additionally, the goods-producing sector added 23 thousand jobs, with boosts in manufacturing (12 thousand), construction (6 thousand) and mining (5 thousand). "This month's numbers are consistent with the pace of job creation before the pandemic," said Nela Richardson, chief economist, ADP. "After two years of exceptional gains tied to the recovery, we're moving toward more sustainable growth in pay and employment as the economic effects of the pandemic recede."
2023-08-30
US Private Job Creation Remains Robust in July
Private businesses in the US hired 324 thousand workers in July 2023, following a downwardly revised 455 thousand increase and surpassing market expectations of a 189 thousand rise. The service-providing sector added 303 thousand jobs, led by leisure & hospitality (201 thousand), information (36 thousand), trade, transportation & utilities (30 thousand), and education & health (12 thousand). Additionally, the goods-producing sector added 21 thousand jobs, with boosts in mining (48 thousand) and construction (9 thousand). However, manufacturing, an interest rate-sensitive industry, shed 36 thousand jobs, marking the fifth consecutive month of job losses. Nela Richardson, Chief Economist at ADP, said, "The economy is doing better than expected, and a healthy labor market continues to support household spending. We continue to see a slowdown in pay growth without broad-based job loss."
2023-08-02
US Private Companies Add 497K Jobs in June
Private businesses in the US unexpectedly created 497K jobs in June 2023, the most since February 2022, and well above forecasts of 228K. The services sector added 373K jobs, led by leisure and hospitality (232K); trade/transportation/utilities (90K); and education/health (74K) while job losses were seen in information (-30K); financial activities (-16K); and professional/business (-5K). Meanwhile, the goods-producing industry added 124K jobs due to construction (97K) and mining (69K) while manufacturing lost 42K jobs. Small establishments created 299K jobs, and medium-sized 183K jobs while large firms shed 8K jobs. On the wage front, pay increases slowed for both job changers (11.2%, the slowest since October 2021) and job stayers (6.4% vs 6.6%). "Consumer-facing service industries had a strong June. But wage growth continues to ebb in these same industries, and hiring likely is cresting after a late-cycle surge", said Nela Richardson, chief economist, ADP.
2023-07-06