Private Sector Employment Up 213K Jobs vs 178K Expected
January 30, 2019
Private sector employment increased by 213,000 jobs from December to January according to the January ADP National Employment Report. Wall Street expected payrolls to grow by 178,000.
January 2019 Report Highlights*
Total U.S. Nonfarm Private Employment: 213,000
- Small businesses: 63,000
- Medium businesses: 84,000
- Large businesses: 66,000
- Goods-producing: 68,000
- Service-providing: 145,000
* Sum of components may not equal total, due to rounding.
market has continued its pattern of strong growth with
little sign of a slowdown in sight," said Ahu Yildirmaz,
vice president and co-head of the
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers in the U.S. The December total of jobs added was revised down from 271,000 to 263,000.