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Actual | Forecast | Previous | Revised Form | |
| -20K | -15K | -60K | -22K | ||
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For February
From the Release: "Nonfarm private employment decreased 20,000 from January to February 2010 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from December 2009 to January 2010 was revised down, from a decline of 22,000 to a decline of 60,000. The February employment decline was the smallest since employment began falling in February of 2008." |
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| 6/3 | 7/1 | 8/5 | 9/2 | 9/30 | 11/4 | 12/2 | 1/6 | 2/3 | 3/3 | ||
| Actual | -532K | -473K | -371K | -298K | -254K | -203K | -169K | -84K | -22K | -20K | |
| Forecast | -525K | -385K | -335K | -250K | -240K | -188K | -145K | -74K | -36K | -15K | |
| Previous | -545K | -485K | -463K | -360K | -277K | -227K | -195K | -169K | -61K | -60K | |
| Revised From | -491K | -532K | -473K | -371K | -298K | -254K | -203K | N/A | -84K | -22K | |
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Actual | Forecast | Previous | Revised Form | |
| -22K | -36K | -61K | -84K | ||
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For January
The ADP reported that private firms cut 22K jobs in January, which was a better than expected result, and shows that the US labor market continues to improve. It was the smallest drop since February 2008, and December's figure was revised to show a smaller decline that originally reported.
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Actual | Forecast | Previous | Revised Form | |
| -84K | -74K | -169K | N/A | ||
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For December
The ADP National Employment Report showed a loss of 84,000 private sector jobs in December. With an added 12,000 jobs, the service-providing sector increased employment for the first time since March, 2008. From the release: According to Joel Prakken, Chairman of Macroeconomic Advisers, LLC, "Nonfarm private employment decreased 84,000 from November to December 2009 on a seasonally adjusted basis, according to the ADP National Employment Report. The December employment decline was the smallest since March of 2008. Employment losses are now rapidly diminishing and, if recent trends continue, private employment will begin rising within the next few months." |
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Actual | Forecast | Previous | Revised Form | |
| -169K | -145K | -195K | -203K | ||
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For November
From the Release: "Nonfarm private employment decreased 169,000 from October to November 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from September to October was revised by 8,000, from a decline of 203,000 to a decline of 195,000. November’s ADP Report estimates nonfarm private employment in the service-providing sector fell by 81,000. Employment in the goods-producing sector declined 88,000, with employment in the manufacturing sector dropping 44,000, the smallest decline since May of 2008. November was the eighth consecutive month during which the decline in employment was less than in the previous month. Although overall economic activity is stabilizing, employment usually trails economic activity, so it is likely to decline for at least a few more months. " |
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Actual | Forecast | Previous | Revised Form | |
| -203K | -188K | -227K | -254K | ||
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For October
From the Release: "Nonfarm private employment decreased 203,000 from September to October 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from August to September was revised by 27,000, from a decline of 254,000 to a decline of 227,000. October was the seventh consecutive month during which the decline in employment was less than in the previous month. Nevertheless, despite recent indications that overall economic activity is stabilizing, employment, which usually trails overall economic activity, is likely to decline for at least a few more months." |
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Actual | Forecast | Previous | Revised Form | |
| -254K | -240K | -277K | -298K | ||
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For September
The ADP jobs report disappointed showing more jobs lost than expected, though it was still the lowest amount of jobs lost since July of 2008. The report though will raise questions about the strength of the recovery and cause economists to change some of their forecasts for Friday's Non-farm Payroll release.
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Actual | Forecast | Previous | Revised Form | |
| -298K | -250K | -360K | -371K | ||
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For August
US companies shed more jobs than was expected, though the rate of firings is slowing. It shows that employers have not gained enough confidence to stop shedding jobs, but at the same time one must realize that it takes a long time for such a large economy as the US to turn from recession to recovery. That makes employment figures lagging indicators. Also, uncertainty about the strength and sustainability of the recovery will keep a lid on companies taking on new employees. The US unemployment rate has climbed to 9.4% and is expected to increase to 9.5% in Friday's non-farm payroll release. |
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Actual | Forecast | Previous | Revised Form | |
| -371K | -335K | -463K | -473K | ||
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For July
From the Release: "July’s employment decline was the smallest since October of 2008 and continues the notable improvement between the first and second quarters of 2009. Nevertheless, despite recent indications that overall economic activity is stabilizing, employment, which usually trails overall economic activity, is likely to decline for at least several more months, albeit at a diminishing rate." |
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Actual | Forecast | Previous | Revised Form | |
| -473K | -385K | -485K | -532K | ||
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For June
From the Release: "Nonfarm private employment decreased 473,000 from May to June 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from April to May was revised by 47,000, from a decline of 532,000 to a decline of 485,000. Monthly employment losses in April, May, and June averaged 492,000. This is a notable improvement over the first three months of the year, when monthly losses averaged 691,000. Nevertheless, despite some recent indications that economic activity is stabilizing, employment, which usually trails overall economic activity, is likely to decline for at least several more months, although perhaps not as rapidly as during the last six months. June’s ADP Report estimates nonfarm private employment in the service-providing sector fell by 223,000. Employment in the goods-producing sector declined 250,000, with employment in the manufacturing sector dropping 146,000, its fortieth consecutive monthly decline." |
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Actual | Forecast | Previous | Revised Form | |
| -532K | -525K | -545K | -491K | ||
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For May
From the Release: "Nonfarm private employment decreased 532,000 from April to May 2009 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change of employment from March to April was revised by 54,000, from a decline of 491,000 to a decline of 545,000. Monthly employment losses in April and May averaged 539,000. This is a notable improvement over the first three months of the year, when monthly losses averaged 691,000. Nevertheless, despite some recent indications that economic activity is stabilizing, employment, which usually trails overall economic activity, is likely to decline for at least several more months, although perhaps not as rapidly as during the last six months." |
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