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ADP Employment Report Shows Bad News for Manufacturing

ADP's proprietary private payrolls jobs report gives us another stunted employment preview by reporting a monthly gain of 169,000 private sector jobs for April 2015.  Manufacturing jobs are truly a bad omen with 10,000 reported lost.  Construction on the other hand is still in recovery with 23,000 April jobs gained.

The February 2015 ADP Employment Report Shows a Slow Down in Hiring

ADP's proprietary private payrolls jobs report gives us a monthly gain of 212,000 private sector jobs for February 2015.  January's ADP private payroll gains were strongly revised, from 213,000 to 250,000.  Financial activities had the highest job growth by ADP's records since 2006, while manufacturing only gained 3,000 jobs.

There Were 1.9 Persons Per Job Opening in October 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 1.9 official unemployed per job opening for October 2014.  Job openings were around 4.8 million.   Job openings returned to pre-recession levels while hires has increased 33% since June 2009.  In just the private sector job openings have also recovered to precession levels while private hires have increased 40% from their 2009 lows.

Another Positive ADP Employment Report for November 2014

ADP's proprietary private payrolls jobs report shows yet another solid month of strong private sector job gains.  For November, ADP reports a monthly gain of 208,000 private sector jobs.  October's ADP private payroll gains were a revised 203,000.  Small businesses drove the payroll gains.

There Were Two Unemployed Persons Per Job Opening in August 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.0 official unemployed per job opening for August 2014.  Job openings were around 4.8 million with hiring coming in at a lower rate than July.   Job openings returned to precession levels while hires have only increased 27% since June 2009.

ADP Employment Report Shows Healthy Job Gains for September

ADP's proprietary private payrolls jobs report gives us a monthly gain of 213,000 private sector jobs for September 2014.  August's ADP private payroll gains were 202,000.  Manufacturing had the highest job growth by ADP's records since May 2010.  By ADP's survey, this is the sixth consecutive month where their reported private job gains are above 200 thousand.

Jolts Report Shows 2.6 Unemployed Per Job Opening in January 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.6 official unemployed per job opening for January 2014.  Job openings were around four million yet hires and separations are almost equal, keeping the job market fairly static.   Job openings have increased 85% from July 2009, while hires have only increased 24% from the same time period.

ADP Employment Report Shows Job Growth Freezes Over

ADP's proprietary private payrolls jobs report gives us a monthly gain of just 139,000 private sector jobs for February 2014.  January was revised downward significantly, from a solid 175,000 jobs initially reported to just 127 thousand for the month.  Moody's blames the weather for the poor showing, which probably is part of the reason.

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