Nonfarm Payrolls

The ADP National Employment Report is a measure of non-farm private sector employment, which is obtained by utilizing an anonymous subset of roughly 400,000 U.S. businesses, which are clients of ADP. Typically, an increase in employment fuels growth in the American economy, while a decrease in employment slows growth.  In June, private sector employment rose by 0.73% to 122.6 million, …

Job Openings and Labor Turnover Survey

The JOLTs report is the Job Openings and Labor Turnover Survey, which tracks several trends in evaluating the labor market. Through JOLTs, we can see voluntary and involuntary separations from employment in addition to new job openings and hires that have taken place. While the report provides detailed information about the condition of the labor market, it is not considered …

ADP Nonfarm Payrolls

ADP Nonfarm Payrolls is a measure of non-farm private sector employment, which is obtained by utilizing an anonymous subset of roughly 400,000 U.S. businesses, which are clients of ADP. Typically, an increase in employment fuels growth in the American economy, while a decrease in employment slows growth. In March, private sector employment surged by 516,797 to 120.4 million, the largest …

ADP Nonfarm Payrolls

ADP Nonfarm Payrolls is a measure of non-farm private sector employment, which is obtained by utilizing an anonymous subset of roughly 400,000 U.S. businesses, which are clients of ADP. Typically, an increase in employment fuels growth in the American economy, while a decrease in employment slows growth.  In February, private sector employment increased by 117,108 to a total of 119.8 …

ISM Services

The ISM Services Purchasing Managers Index helps determine the overall economic strength of the services sector.  Components evaluated are employment, business activity, new orders, and supplier deliveries, which are then compiled into an index.  The services sector represents a much larger share of the overall U.S. economy when compared to the manufacturing sector, making up approximately 80% of it; the …

Non-farm Payrolls

Non-farm payrolls give an overview of the overall employment outlook of the US economy. The figure does not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in non-farming sectors of the economy. Throughout October, total non-farm payroll employment …

ISM Non-Manufacturing Index

The ISM Non-Manufacturing Index helps determine the overall economic strength of the services sector.  Components evaluated are employment, business activity, new orders, and supplier deliveries, which are then compiled into an index.  The nonmanufacturing sector represents a much larger share of the overall U.S. economy when compared to the manufacturing sector, making up approximately 80%; the sector’s economic weight makes …

Change in Employment by Industry

This graph displays the seasonally adjusted employment change by industry in March 2020 in thousands. These numbers are calculated by taking the difference between the previous and current months total to jobs per industry to then determine how employment has shifted within a specific month. This chart is a good indicator to determine which industries are contracting or expanding within …

Non-Farm Payrolls

Nonfarm payrolls give an overview of the overall employment outlook of the US economy; nonfarm payrolls do not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in non-farming sectors of the economy. The unemployment rate is at 3.5%, …