![ADP_1[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/01/ADP_1_1_.61d61ba0d5b43.png)
Private sector employment increased by 807,000 jobs from November to December according to the December ADP National Employment Report. The report is produced by the ADP Research Institute in collaboration with Moody’s Analytics
Total U.S. Nonfarm Private Employment: 807,000
By Company Size
– Small businesses: 204,000
- 1-19 employees 104,000
- 20-49 employees 100,000
– Medium businesses: 214,000
- 50-499 employees 214,000
– Large businesses: 389,000
- 500-999 employees 70,000
- 1,000+ employees 319,000
By Sector
– Goods-producing: 138,000
- Natural resources/mining 2,000
- Construction 62,000
- Manufacturing 74,000
– Service-providing: 669,000
- Trade/transportation/utilities 138,000
- Information 12,000
- Financial activities 24,000
- Professional/business services 130,000 – Professional/technical services 47,000 – Management of companies/enterprises 7,000 – Administrative/support services 76,000
- Education/health services 85,000 – Health care/social assistance 75,000 – Education 10,000
- Leisure/hospitality 246,000
- Other services 36,000
* Sum of components may not equal total, due to rounding.
– Franchise Employment**
- Franchise jobs 39,400
**Complete details on franchise employment can be found here.
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“December’s job market strengthened as the fallout from the Delta variant faded and Omicron’s impact had yet to be seen,” said Nela Richardson, chief economist, ADP. “Job gains were broad-based, as goods producers added the strongest reading of the year, while service providers dominated growth. December’s job growth brought the fourth quarter average to 625,000, surpassing the 514,000 average for the year. While job gains eclipsed 6 million in 2021, private sector payrolls are still nearly 4 million jobs short of pre-COVID-19 levels.”
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 November total of jobs added was revised from 534,000 to 505,000.
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Tags: Payroll
