February 2013 ADP employment report shows increase of 198000 jobs

U.S. private sector employment increased by 198,000 jobs from January 2013 to February 2013, according to the February 2013 ADP National Employment Report® produced by Automatic Data Processing, Inc. (ADP®).

The ADP report – produced in collaboration with Moody’s Analytics – also revised the estimated gain from the January 2013 report up by 23,000 to 215,000 jobs.

“In February 2013, the U.S. private sector added a total of 198,000 new jobs, with most of this job growth occurring in the services sector,” said ADP President and CEO Carlos A. Rodriguez. “This growth can be attributed to comparable contributions across all three company size segments.”

With regard to job growth by company size, the ADP report found large businesses representing payrolls with 500 or more employees gained 57,000 jobs from January to February 2013. Medium businesses with payrolls of 50 to 499 employees added 65,000 jobs while small businesses with payrolls of 1 to 49 employees added 77,000 jobs from January to February 2013.

The report also revealed the service providing sector added 164,000 jobs while the goods producing sector added 34,000 jobs from January to February 2013.

The following is a breakdown of job growth by specific industries included in the report:

• Trade/transportation/utilities gained 45,000 jobs from January to February 2013.
• Professional/business services gained 35,000 jobs from January to February 2013.
• Construction gained 21,000 jobs from January to February 2013.
• Manufacturing lost 9,000 jobs from January to February 2013.
• Financial activities gained 7,000 jobs from January to February 2013.

The ADP National Employment Report is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of nearly 24 million U.S. workers from client companies served by ADP, a leading provider of human capital management solutions.

For more information about the February 2013 ADP National Employment Report, please visit www.adpemploymentreport.com/2013/February/NER/NER-February-2013.aspx.