Job gains top 500K mark for September, ADP reports

Private-sector employment rose by more than a half-million jobs in September, according to payroll and human resources firm ADP.

The Roseland-based firm said in its monthly ADP National Employment Report that payrolls grew by 568,000 positions from August to September.

“The labor market recovery continues to make progress despite a marked slowdown from the 748,000-job pace in the second quarter,” Nela Richardson, chief economist with ADP, said in a prepared statement.

The largest businesses, with more than 500 workers, led the way in hiring, with 390,000 employees added. Medium-sized businesses, with 50-499 workers, added 115,000 jobs, while small businesses, with less than 50 workers, added 63,000 positions.

“Current bottlenecks in hiring should fade as the health conditions tied to the COVID-19 variant continue to improve, setting the stage for solid job gains in the coming months,” Richardson said.

The service-providing sector added 466,000 jobs for the month, with the goods-producing sector adding 102,000, ADP said.

Among individual industries, leisure and hospitality led the way, with 226,000 hires. Education and health services added 66,000 positions, while professional and business services added 61,000. In the goods-producing sector, manufacturing led the way, with 49,000 jobs added, and construction was right behind, with 46,000 jobs gained.

“Leisure and hospitality remains one of the biggest beneficiaries to the recovery, yet hiring is still heavily impacted by the trajectory of the pandemic, especially for small firms,” Richardson said.