Private businesses in the United States hired 183 thousand workers in February of 2019, less than an upwardly revised 300 thousand in January and slightly below market expectations of 189 thousand. The service-providing sector added 139 thousand jobs, boosted by professional & business (49 thousand); education & health (37 thousand); financial activities (21 thousand); trade, transportation & utilities (14 thousand); other services (8 thousand); information (7 thousand); and leisure & hospitality (4 thousand). In addition, the goods-producing sector added 44 thousand jobs, supported by both construction (25 thousand), manufacturing (17 thousand) and natural resources & mining (3 thousand). Midsized companies were the ones hiring the most (95 thousand), followed by large (77 thousand) and small firms (12 thousand). ADP Employment Change in the United States averaged 76.98 Thousand from 2001 until 2019, reaching an all time high of 360 Thousand in February of 2006 and a record low of -706 Thousand in February of 2009.
ADP Employment Change in the United States is expected to be 185.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate ADP Employment Change in the United States to stand at 145.00 in 12 months time. In the long-term, the United States ADP Employment Change is projected to trend around 150.00 Thousand in 2020, according to our econometric models.