Private sector employment in the U.S. increased by 281,000 jobs from April to June led by gains in both small and medium businesses, according to the June 2014 ADP National Employment Report® produced by Automatic Data Processing, Inc. (ADP®) in collaboration with Moody’s Analytics.
“The June jobs number is a welcome boost,” ADP president and chief executive officer Carlos A. Rodriguez stated in a press release about the employment report. “The number of construction jobs added was particularly encouraging, representing the highest total in that industry since February of 2006.”
The June 2014 ADP Employment Report found that small businesses representing payrolls with 1 to 49 employees added 117,000 jobs and medium businesses representing payrolls with 50 to 499 employees added 115,000 jobs. Large businesses representing payrolls with 500 or more employees added 49,000 jobs.
The report also included key findings regarding job growth by industry. Professional/business services led the way by adding 77,000 jobs. Trade/transportation/utilities added 50,000 jobs, Construction added 36,000 jobs, Manufacturing added 12,000 jobs, and Financial activities added 11,000 jobs.
Broken down by sector, the report revealed the service providing sector added 230,000 jobs while the goods producing sector added 51,000 jobs.
The ADP National Employment Report is a monthly measure of the change in total U.S. nonfarm private employment derived from ADP payroll data representing 24 million workers in the United States. The July 2014 ADP National Employment Report will be released on July 30, 2014.
The June 2014 ADP Employment Report is available at http://www.adpemploymentreport.com/2014/June/NER/NER-June-2014.aspx.