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ADP: Private Sector Employment Increased by 2,369,000 Jobs in June

Private sector employment increased by 2,369,000 jobs from May to June according to the June ADP National Employment Report.  Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics.  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.

June 2020 Report Highlights*

Total U.S. Nonfarm Private Employment:     2,369,000

By Company Size

– Small businesses:    937,000

  • 1-19 employees    574,000
  • 20-49 employees    363,000

– Medium businesses:    559,000

  • 50-499 employees    559,000

– Large businesses:    873,000

  • 500-999 employees    101,000
  • 1,000+ employees    772,000

By Sector

– Goods-producing:    457,000

  • Natural resources/mining    -26,000
  • Construction    394,000
  • Manufacturing    88,000

– Service-providing:    1,912,000

  • Trade/transportation/utilities    288,000
  • Information    -50,000
  • Financial activities    65,000
  • Professional/business services    151,000
         – Professional/technical services    10,000
         – Management of companies/enterprises    -29,000
         – Administrative/support services    169,000
  • Education/health services    283,000
         – Health care/social assistance    246,000
         – Education    36,000
  • Leisure/hospitality    961,000
  • Other services    215,000

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

– Franchise Employment**

  • Franchise jobs    4,500

**Complete details on franchise employment can be found here.

“Small business hiring picked up in the month of June,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “As the economy slowly continues to recover, we are seeing a significant rebound in industries that once experienced the greatest job losses.  In fact, 70 percent of the jobs added this month were in the leisure and hospitality, trade and construction industries.”

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 May total of jobs added was revised from -2,760,000 to 3,065,000.

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Carl Fox

Carl Fox is the senior money and finance writer for Conservative Daily News. Follow him in the "Money & The Economy" section at CDN and see his posts on the "Junior Economists" Facebook page.

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