ADP National Employment Report: Private Sector Employment Decreased by 2,760,000 Jobs in May; the May NER Utilizes Data Through May 12 and Does Not Reflect the Full Impact of COVID-19 on the Overall Employment Situation
June 03, 2020 at 08:15 AM EDT
ROSELAND, N.J., June 3, 2020 /PRNewswire/ -- Private sector employment decreased by 2,760,000 jobs from April to May according to the May ADP National Employment Report®. The report utilizes data through the 12th of the month. The NER uses the same time period the Bureau of Labor and Statistics uses for their survey. As such, the May NER does not reflect the full impact of COVID-19 on the overall employment situation.
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.
May 2020 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: -2,760,000
By Company Size
- Small businesses: -435,000
- Medium businesses: -722,000
- Large businesses: -1,604,000
- Goods-producing: -794,000
- Service-providing: -1,967,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
**Complete details on franchise employment can be found here.
"The impact of the COVID-19 crisis continues to weigh on businesses of all sizes," said Ahu Yildirmaz, co-head of the ADP Research Institute. "While the labor market is still reeling from the effects of the pandemic, job loss likely peaked in April, as many states have begun a phased reopening of businesses."
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 April total of jobs lost was revised from -20,236,000 to -19,557,000.
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 June 2020 ADP National Employment Report will be released at 8:15 a.m. ET on July 1, 2020.
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.
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SOURCE ADP, LLC