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ADP Reports 428K New Private Sector New Jobs

September 2, 2020

Private sector employment increased by 428,000 jobs from July to August according to the August ADP National Employment Report. 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.

Wall Street was looking for a 1.17 million new jobs. 

"The August job postings demonstrate a slow recovery," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "Job gains are minimal, and businesses across all sizes and sectors have yet to come close to their pre-COVID-19 employment levels."

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million workers in the U.S. The July total of jobs added was revised from 167,000 to 212,000.

Total U.S. Nonfarm Private Employment:     428,000

By Company Size

- Small businesses:     52,000

  • 1-19 employees     43,000
  • 20-49 employees     9,000

- Medium businesses:     79,000

  • 50-499 employees     79,000

- Large businesses:     298,000

  • 500-999 employees     28,000
  • 1,000+ employees     270,000

By Sector

- Goods-producing:     40,000

  • Natural resources/mining     2,000
  • Construction     28,000
  • Manufacturing     9,000

- Service-providing:     389,000

  • Trade/transportation/utilities     58,000
  • Information     -1,000
  • Financial activities     11,000
  • Professional/business services     66,000
         - Professional/technical services     19,000
         - Management of companies/enterprises     1,000
         - Administrative/support services     47,000
  • Education/health services     100,000
         - Health care/social assistance     85,000
         - Education     15,000
  • Leisure/hospitality     129,000
  • Other services     25,000

* Sum of components may not equal total, due to rounding.

- Franchise Employment**

  • Franchise jobs     21,500

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