Small Businesses Created 71,000 Jobs in August

1

Click here to load reader

description

Employment in nonfarm private small business payrolls rose 71,000 in July on a seasonally adjusted basis, accounting for 40% of employment gains across all payroll size groups. Within small businesses, 56% of the employment growth contribution was associated with companies having between 1-19 employees.

Transcript of Small Businesses Created 71,000 Jobs in August

Page 1: Small Businesses Created 71,000 Jobs in August

Small

Change by Size

Current Employment vs. Prior Months

1,000

Change by Sector

last monthlast 6 months average current month

last monthlast 6 months average current month

66,000

6,000 14,000

31,000

Very Small 40,000

Goods-producing Sector

69,000Service-providing Sector

Small Business Employment in U.S. nonfarm private business from sector July to August.

1-19 Employees

20-49 Employees

SmallBusiness Report

AUGUST 2013

For more information, please visit the methodology section of the ADP National Employment Report® website at: http://ADPemploymentreport.com/methodology.aspx

Very Small businesses represent companies with 1-19 employees. Small businesses represent companies with 20-49 employees.

ADP, the ADP logo and the ADP Small Business Report areregistered trademarks of ADP, Inc. Copyright © 2013 ADP, Inc.

last 6 months average current month

last 3 months average current month

71,00071,000

77,000 71,000

71,000

69,000

1,000

64,000