Private Sector Employment Is Continuing to Grow

According to the ADP Payroll Employment report that was released yesterday, we saw August 2014 private sector employment continuing to grow.  The trend-line continues its upward climb.  However, we see that the employment growth number is slower than the growth rate of June of this year and the previous four months.

Small businesses with 1 to 49 employees saw the greatest increase of employment for the month with seventy eight thousand.  Mid-sized firms saw the second largest category of growth with 75,000 employment growth.  Large businesses as a category increased the least in August with employment growth of 52,000.

The largest sector of employment growth was professional/business services with 51,000 employment growth.  The second largest sector of employment growth was trade/transportation/utilities with 28,000 employment growth.

Amos B Robinson,
Data Scientist
Robinson Analytics
"Insights for Improved Performance"
(919)348-9153 or (804)651-5400
www.robinsonanalytics.com