ADP National Employment Report: Private Sector Employment Increased by 571,000 Jobs in October

Monday, November 8th, 2021

Private sector employment increased by 571,000 jobs from September to October according to the October ADP® National Employment ReportTM.  Broadly distributed to the public each month, free of charge, the ADP National Employment Reportis produced by the ADP Research Institute® in collaboration with Moody's Analytics. The report, which is derived from ADP's actual data of those who are on a company's payroll, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

October 2021 Report Highlights*

View the ADP National Employment Report Infographic at www.adpemploymentreport.com.

Total U.S. Nonfarm Private Employment:     571,000

By Company Size

- Small businesses:     115,000

  • 1-19 employees     56,000
  • 20-49 employees     60,000

- Medium businesses:     114,000

  • 50-499 employees     114,000

- Large businesses:     342,000

  • 500-999 employees     37,000
  • 1,000+ employees     305,000

By Sector

- Goods-producing:     113,000

  • Natural resources/mining     6,000
  • Construction     54,000
  • Manufacturing     53,000

- Service-providing:     458,000

  • Trade/transportation/utilities     78,000
  • Information     14,000
  • Financial activities     15,000
  • Professional/business services     88,000
         - Professional/technical services     54,000
         - Management of companies/enterprises     4,000
         - Administrative/support services     29,000
  • Education/health services     56,000
         - Health care/social assistance     47,000
         - Education     10,000
  • Leisure/hospitality     185,000
  • Other services     22,000

* Sum of components may not equal total, due to rounding.

- Franchise Employment**

  • Franchise jobs     55,300

**Complete details on franchise employment can be found here.

"The labor market showed renewed momentum last month, with a jump from the third quarter average of 385,000 monthly jobs added, marking nearly 5 million job gains this year," said Nela Richardson, chief economist, ADP.  "Service sector providers led the increase and the goods sector gains were broad based, reporting the strongest reading of the year. Large companies fueled the stronger recovery in October, marking the second straight month of impressive growth."

Mark Zandi, chief economist of Moody's Analytics, said, "The job market is revving back up as the Delta-wave of the pandemic winds down. Job gains are accelerating across all industries, and especially among large companies. As long as the pandemic remains contained, more big job gains are likely in coming months."

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 September total of jobs added was revised from 568,000 to 523,000.

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 November 2021 ADP National Employment Report will be released at 8:15 a.m. ET on December 1, 2021.