Private Sector Employment Decreased by 27,000 Jobs in March
(Updated - April 1, 2020 8:16 AM EDT)
- ADP Employment Change (Mar) -27K vs -150K Expected
Private sector employment decreased by 27,000 jobs from February to March according to the March 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 March 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.
March 2020 Report Highlights*
View the ADP National Employment Report Infographic at www.adpemploymentreport.com.
Total U.S. Nonfarm Private Employment: -27,000
By Company Size
- Small businesses: -90,000
- Medium businesses: 7,000
- Large businesses: 56,000
By Sector
- Goods-producing: -9,000
- Service-providing: -18,000
- Professional/technical services 11,000 - Management of companies/enterprises -2,000 - Administrative/support services -12,000
- Health care/social assistance 44,000 - Education 4,000
* Sum of components may not equal total, due to rounding.
- Franchise Employment**
**Complete details on franchise employment can be found here.
"It is important to note that the ADP National Employment Report is based on the total number of payroll records for employees who were active on a company's payroll through the 12th of the month. This is the same time period the Bureau of Labor and Statistics uses for their survey," said Ahu Yildirmaz, co-head of the ADP Research Institute. "As such, the March NER does not fully reflect the most recent impact of COVID-19 on the employment situation, including unemployment claims reported on March 26, 2020."
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 February total of jobs added was revised down from 183,000 to 179,000.
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 April 2020 ADP National Employment Report will be released at 8:15 a.m. ET on May 6, 2020.
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