ADP Regional Employment Report: Growth Rates in Most Large States Slow From September to October With the Exception of California
Pacific Region Generates Largest Number of Jobs in October and Shares Strongest Monthly Job Growth Rate With Mountain Region
(firmenpresse) - ROSELAND, NJ -- (Marketwired) -- 11/06/13 -- Private sector employment increased in all nine U.S. Census Bureau Divisions during the month of October 2013, according to the monthly (SM), which is produced by , a leading global provider of (HCM) solutions, in collaboration with Moody's Analytics, Inc. Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures monthly changes in regional nonfarm private employment on a seasonally adjusted basis.
"U.S. regional and state private sector employment growth eased in October, as most regions and states measured showed smaller job gains than in previous months this year. The Pacific region generated the largest number of new private sector jobs during the month of October and, together with the Mountain region, also recorded the strongest monthly growth rate," said Ahu Yildirmaz, senior director of the ADP Research Institute®. "Meanwhile, at the state level, job growth was mostly slower among heavily populated states in all regions with the exception of California."
On October 30, 2013, the ADP National Employment Report® reported that total U.S. private sector employment increased by a total of 130,000 jobs from September to October.
To obtain regional and state-specific results on the ADP Regional Employment Report, which includes job growth by sector, select industries and establishment size**, please visit .
* Sum of components may not equal total, due to rounding.
** Employment by state is determined by the location where employees work. In most cases, this approach aligns with the U.S. Bureau of Labor Statistics' measure of establishment employment, reflecting the state where an employee works. In some cases, a payroll located in a certain state may include employees from one or more states outside that state.
Additional data for the states above, including jobs data by sector and select industries is available at .
The November 2013 ADP Regional Employment Report will be released at 9:00 a.m. ET on Wednesday, December 11, 2013. A full publishing calendar can be found at .
(SM)
The ADP Regional Employment Report(SM), which is produced by ADP in collaboration with Moody's Analytics, Inc., is a monthly estimate of private nonfarm employment in nine U.S. Census Bureau divisions, as well as 29 U.S. states, plus the District of Columbia. The report is a measure of employment derived from an anonymous subset of roughly 411,000 U.S. business clients, which employ nearly 24 million workers in the U.S.
Each month, ADP issues the ADP Regional 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 Regional Employment Report is broadly distributed to the public each month, free of charge.
®
The ADP National Employment Report® is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 24 million U.S. workers, is published by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody's Analytics, Inc.
Each month, ADP 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 ADP Small Business Report® is a monthly estimate of private nonfarm employment among companies in the U.S. with 1-49 employees and is a subset of the ADP National Employment Report. The data for all three reports 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.
Moody's Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services and research, including proprietary analyses from Moody's Investors Service, Moody's Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $2.7 billion in 2012, employs approximately 6,800 people worldwide and has a presence in 28 countries. Further information is available at .
With more than $11 billion in revenues and more than 60 years of experience, ® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries. As one of the world's largest providers of business outsourcing and solutions, ADP offers a wide range of , , , and from a single source, and helps clients comply with regulatory and legislative changes, such as the (ACA). ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at .
The ADP logo, ADP, ADP National Employment Report, ADP Small Business Report, and the ADP Research Institute are registered trademarks of ADP, Inc. The ADP Regional Employment Report is a service mark of ADP, Inc. All other trademarks are the property of their respective owners. Copyright © 2013, ADP, Inc.
Dick Wolfe
ADP
(973) 974-7034
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