ROSELAND, N.J. (July 31, 2013) — Private-sector employment increased by 200,000 jobs from June to July, according to the July National Employment Report from Automatic Data Processing Inc. (ADP)
Goods-producing industries added 22,000 jobs in July, according to ADP, while construction payrolls rose by 22,000 in July and manufacturing payrolls declined by 5,000.
Service-providing industries added 177,000 jobs in July, the largest gain since last November. Gains were broad-based across industries, with professional/business services adding 49,000 jobs over the month, the ADP report said. Trade/transportation/utilities services contributed 45,000 jobs; financial activities showed a modest gain of 4,000 jobs—down from the 10,000 jobs added in June.
"The U.S. private sector added a total of 200,000 jobs during the month of July, with businesses of all sizes contributing to the overall gain and small businesses generating the greatest share, just as they did in the previous month," said Carlos A. Rodriguez, ADP's president and CEO. "Among industries tracked by the ADP National Employment Report, professional/business services showed the largest increase in July with the addition of 49,000 jobs, while construction added 22,000 jobs, a stronger gain than in June."
Mark Zandi, chief economist of Moody's Analytics, noted that "job growth remains remarkably stable. Businesses are adding to payrolls in most industries and across all company sizes. The job market has admirably weathered the fiscal headwinds, tax increases and government spending cuts.
"This bodes well for the next year when those headwinds are set to fade."
According to ADP's report—distributed free to the public each month in collaboration with Moody's Analytics—businesses with 49 or fewer employees added 82,000 jobs in July. Employment levels among medium-sized companies with between 50 and 499 employees rose by 60,000, while employment at large companies—those with 500 or more employees—increased by 57,000.
The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data representing 416,000 U.S. clients employing nearly 24 million workers in the U.S.
Additional information about the report is available on ADP's website.