U.S. employment up 213K jobs in January, ADP says

Zandi: Despite disruptions (like the recent government shutdown), businesses continued to add aggressively to their payrolls.

By Emily Bader
Roseland | Jan 31, 2019 at 7:05 am

Private-sector employment is up by about 215,000 jobs this month, according to Roseland-based ADP.

The payroll and human services company said in its monthly ADP National Employment Report that the number of jobs grew by 213,000 positions between December and January.

“The labor market has continued its pattern of strong growth with little sign of a slowdown in sight,” Ahu Yildirmaz, vice president and co-head of the ADP Research Institute, said. “We saw significant growth in nearly all industries, with manufacturing adding the most jobs in more than four years. Midsized businesses continue to lead job creation, however the share of jobs was spread a bit more evenly across all company sizes this month.”

Medium-sized businesses with 50 to 499 employees dominated the month, adding 84,000 new jobs. Large-sized businesses with 500 or more employees added 66,000 new roles, while small-sized businesses with fewer than 49 employees added 63,000.

“The job market weathered the government shutdown well. Despite the severe disruptions, businesses continued to add aggressively to their payrolls. As long as businesses hire strongly the economic expansion will continue on,” Mark Zandi, chief economist of Moody’s Analytics, said.

In the Top 10 sectors, according to ADP, those in the service-producing industry were on top, adding 145,000 jobs compared with 68,000 in the goods-producing industry.

Under the service-producing sector, professional and business services added the most positions, reporting 46,000 new roles, while education and health services added 38,000, leisure and hospitality added 31,000, trade/transportation/utilities added 13,000, financial activities added 11,000, other services added 2,000, and information added 4,000.

Under the goods-producing sector, construction brought in the most jobs, reporting 35,000 new roles, while manufacturing added 33,000. The only industry at a negative was natural resources and mining, which lost 1,000 jobs.

Emily Bader | ebader@roi-nj.com | emilybader