ADP Private Payrolls Rise 162K, Beat Expectations

hard hat, construction worker

Photo: Flickr / Kansas City District

UPDATE: September ADP showed a rise of 162K private payrolls versus economists’ expectations of 140K.Click here for live updates >

However, last month was revised down to 189K from 201K.

Here are the highlights from the report:

Total employment: +162,000
Small businesses: +81,000
Medium businesses: +64,000
Large businesses: +17,000
Goods-producing sector: +18,000
Service-providing sector: +144,000
Addendum:
Manufacturing industry: + 4,000

Here is a table with the full breakdown:

ADP September Jobs report

Photo: ADP

And a chart showing the trend:

ADP Jobs report September

Photo: ADP

Here is the full report on ADP’s website >

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ORIGINAL: Minutes away from the key economic report of the day: the September ADP Jobs Report.

Economists polled by Bloomberg forecast payrolls expanded by 140,000 positions this September, below the 201,000 gain seen in August.

The announcement is set for 8:15 AM ET and precedes the nonfarm payrolls report on Friday.

We will have the release LIVE at 8:15 AM ET on Money Game >

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