ADP Sees 213k Jobs Added In September first appeared on Floating Path.
ADP reports that U.S. nonfarm private sector employment increased by 213k in the month of September. This follows revised increases of 202k in August and 217k in July.
“September’s jobs added number marks the sixth straight month of employment gains above 200,000,” said Carlos Rodriguez, president and chief executive officer of ADP. “It’s a positive sign for the economy to see the 200,000-plus trend continue.”
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Mark Zandi, chief economist of Moody’s Analytics, said, “Job gains remain strong and steady. The pace of job growth has been remarkably similar for the past several years. Especially encouraging most recently is the increasingly broad base nature of those gains. Nearly all industries and companies of all sizes are adding consistently to payrolls.”
Total nonfarm private employment by company size:
Change in total nonfarm private employment by industry:
The U.S. Bureau of Labor Statistics will release its employment situation report on Friday with much more detail about the labor market.