Private businesses in the US hired 365K workers in October of 2020, well below an upwardly revised 753K in September and market forecasts of 650K. It is the second-lowest reading in six months after a record loss of 19.4 million payrolls in April due to the coronavirus pandemic. The service-providing sector added 348K jobs led by leisure and hospitality (125K); education and health (79K); professional and business (60K); trade, transportation & utilities (53K); other services (23K); and financial activities (6K) while the information sector added none. The goods-producing sector created 17K jobs, due to manufacturing (7K), construction (7K) and natural resources and mining (3K). Private payrolls in midsized companies were up 135K, large companies added 116K and small firms 114K. source: Automatic Data Processing, Inc.
ADP Employment Change in the United States averaged 32.46 Thousand from 2001 until 2020, reaching an all time high of 4485 Thousand in June of 2020 and a record low of -19409 Thousand in April of 2020. This page provides the latest reported value for - United States ADP Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ADP Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
ADP Employment Change in the United States is expected to be 150.00 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 170.00 in 12 months time. In the long-term, the United States ADP Employment Change is projected to trend around 150.00 Thousand in 2021, according to our econometric models.