Private Sector Employment Increased by 247,000 Jobs in April
Thursday, May 5th, 2022
Private sector employment increased by 247,000 jobs from March to April according to the April ADP National Employment ReportT. 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 data of those who are on a company's payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
Total U.S. Nonfarm Private Employment: 247,000
By Company Size
- Small businesses: -120,000
1-19 employees -96,000
20-49 employees -25,000
- Medium businesses: 46,000
50-499 employees 46,000
- Large businesses: 321,000
500-999 employees 32,000
1,000+ employees 289,000
By Sector
- Goods-producing: 46,000
Natural resources/mining 4,000
Construction 16,000
Manufacturing 25,000
- Service-providing: 202,000
Trade/transportation/utilities 15,000
Information -2,000
Financial activities 8,000
Professional/business services 50,000
- Professional/technical services 21,000
- Management of companies/enterprises 1,000
- Administrative/support services 28,000
Education/health services 48,000
- Health care/social assistance 41,000
- Education 6,000
Leisure/hospitality 77,000
Other services 6,000
* Sum of components may not equal total, due to rounding.
Franchise Employment**
Franchise jobs 47,400
**Complete details on franchise employment can be found here.
"In April, the labor market recovery showed signs of slowing as the economy approaches full employment," said Nela Richardson, chief economist, ADP. "While hiring demand remains strong, labor supply shortages caused job gains to soften for both goods producers and services providers. As the labor market tightens, small companies, with fewer than 50 employees, struggle with competition for wages amid increased costs."