ADP National Employment Report: Private Sector Employment Decreased by 123,000 Jobs in December
January 06, 2021 at 08:15 AM EST
ROSELAND, N.J., Jan. 6, 2021 /PRNewswire/ -- Private sector employment decreased by 123,000 jobs from November to December according to the December ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody's Analytics. 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.
December 2020 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: -123,000
By Company Size
- Small businesses: -13,000
- Medium businesses: 37,000
- Large businesses: -147,000
- Goods-producing: -18,000
- Service-providing: -105,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
**Complete details on franchise employment can be found here.
"As the impact of the pandemic on the labor market intensifies, December posted the first decline since April 2020," said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. "The job losses were primarily concentrated in retail and leisure and hospitality."
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 307,000 to 304,000.
To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.
The January 2021 ADP National Employment Report will be released at 8:15 a.m. ET on February 3, 2021.
About the ADP National Employment Report®
Each month, ADP Research Institute issues the ADP National Employment Report as part of the company's commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.
The data for this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP's total base of U.S. business clients.
For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.
About the ADP Research Institute
About Moody's Analytics
About ADP (NASDAQ – ADP)
ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report, and ADP Research Institute are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.
Copyright © 2021 ADP, Inc. All rights reserved.
View original content to download multimedia:http://www.prnewswire.com/news-releases/adp-national-employment-report-private-sector-employment-decreased-by-123-000-jobs-in-december-301201960.html
SOURCE ADP, Inc.