EconoIndicators

ADP Employment Report At a Glance

• Total Nonfarm Private Employment: 113,160,000
• Monthly Change: Down 693,000
• Products Producing Sector: 20,753,000
• Monthly Change: Down 220,000
• Service Producing Sector: 92,407,000
• Monthly Change: Down 473,000

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Nonfarm private employment decreased 693,000 from November to December 2008 on a
seasonally adjusted basis, according to the ADP National Employment Report®. This month’s
ADP Report incorporates methodological improvements intended to improve the correspondence
between the nonfarm private employment estimates shown in the ADP Report and estimates
published in the Bureau of Labor Statistics’ Employment Situation Report.
December’s ADP Report estimates nonfarm private employment in the service-providing sector
fell by 473,000. Employment in the goods-producing sector declined 220,000, the twenty-third
consecutive monthly decline. Employment in the manufacturing sector declined 120,000,
marking its twenty seventh decline over the last twenty eight months.
Large businesses, defined as those with 500 or more workers, saw employment decline 91,000,
while medium-size businesses with between 50 and 499 workers declined 321,000. Employment
among small-size businesses, defined as those with fewer than 50 workers, declined 281,000.
Sharply falling employment at medium- and small-size businesses clearly indicates that the
recession has now spread well beyond manufacturing and housing-related activities.
In December, construction employment dropped 102,000. This was its twenty-first consecutive
monthly decline, and brings the total decline in construction jobs since the peak in January 2007
to 809,000.

Source: ADP