by Calculated Risk on 10/01/2014 08:18:00 AM
Wednesday, October 01, 2014
ADP: Private Employment increased 213,000 in September
Private sector employment increased by 213,000 jobs from August to September according to the August ADP National Employment Report®. ... 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.This was slightly above the consensus forecast for 200,000 private sector jobs added in the ADP report.
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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.”
The BLS report for September will be released on Friday.