ADP Employment Report At a Glance
- Total Nonfarm Private Employment: 115,798,000
- Monthly Change: Down 157,000
- Products Producing Sector: 21,392,000
- Monthly Change: Down 126,000
- Service Producing Sector: 94,406,000
- Monthly Change: Down 31,000
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October, 2008
Nonfarm private employment decreased 157,000 from September to October 2008 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change in employment from August to September was revised down from a decrease of 8,000 to a decrease of 26,000.
October’s ADP National Employment Report offers evidence of a labor market that continues to weaken. Note that this month, the ADP Report does not reflect the strike of some 27,000 machinists in the aerospace industry during September and October.
ADP Employment Report – October 2008
Source: ADP
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