ADP Regional Employment Report: Florida, Texas and California Show Growth Above National Average
ROSELAND, NJ -- (Marketwired) -- 07/09/14 -- Private sector employment increased in all four major regions and all nine U.S. Census Bureau Divisions during the month of June 2014, according to the monthly ADP Regional Employment Report(SM), which is produced by ADP®, a leading global provider of Human Capital Management (HCM) solutions, in collaboration with Moody's Analytics, Inc. Broadly distributed to the public each month, free of charge, the ADP Regional Employment Report measures monthly changes in regional nonfarm private employment on a seasonally adjusted basis.
"All four of the major regions had job gains well above their averages for the past twelve months," said Ahu Yildirmaz, VP and head of the ADP Research Institute®. "Despite showing their strongest growth since November 2013, the Northeast and Midwest are still well behind the South and West."
On July 2, 2014, the ADP National Employment Report® reported that total U.S. private sector employment increased by a total of 281,000 jobs from May to June.
June 2014 Report Highlights
Changes in Regional U.S. Nonfarm Private Employment: *
- Four Major Regions
Region Jobs +/- Monthly Change % (Growth Rate) South 115,730 .28% West 80,440 .31% Midwest 50,910 .19% Northeast 33,680 .15%
- By U.S. Census Bureau Division
Division Jobs +/- Monthly Change % (Growth Rate) New England 9,000 .14% Pacific 59,000 .33% Middle Atlantic 25,000 .16% East North Central 35,000 .19% West North Central 16,000 .19% Mountain 21,000 .26% South Atlantic 60,000 .27% East South Central 13,000 .20% West South Central 44,000 .32% Total Employment: 281,000
To obtain regional and state-specific results on the ADP Regional Employment Report, which includes job growth by sector, select industries and establishment size**, please visit www.ADPemploymentreport.com.
- By 29 U.S. States Tracked, plus the District of Columbia
State Jobs +/- Monthly Change % (Growth Rate) Alabama 2,990 .19% Arizona 3,920 .18% California 43,210 .33% Colorado 6,580 .33% Connecticut 1,140 .08% Florida 22,620 .34% Georgia 7,980 .23% Idaho 1,490 .28% Illinois 7,660 .15% Indiana 6,900 .27% Kentucky 3,140 .21% Maryland 4,710 .22% Massachusetts 4,710 .16% Michigan 6,210 .17% Minnesota 5,210 .22% Nevada 4,050 .38% New Jersey 4,620 .14% New York 14,150 .19% North Carolina 10,030 .29% Ohio 10,360 .23% Oregon 3,780 .27% Pennsylvania 6,150 .12% South Carolina 5,060 .32% Tennessee 4,850 .20% Texas 36,140 .37% Utah 3,090 .28% Virginia 5,340 .17% Washington 8,560 .34% Washington D.C. 1,160 .22% Wisconsin 3,580 .15%
* Sum of components may not equal total, due to rounding.
** Employment by state is determined by the location where employees work. In most cases, this approach aligns with the U.S. Bureau of Labor Statistics' measure of establishment employment, reflecting the state where an employee works. In some cases, a payroll located in a certain state may include employees from one or more states outside that state.
Additional data for the states above, including jobs data by sector and select industries is available at www.ADPemploymentreport.com.
The July 2014 ADP Regional Employment Report will be released at 9:00 a.m. ET on Wednesday, August 6, 2014. A full publishing calendar can be found at www.ADPemploymentreport.com.
ADP Regional Employment Report(SM)
The ADP Regional Employment Report(SM), which is produced by ADP in collaboration with Moody's Analytics, Inc., is a monthly estimate of private nonfarm employment in nine U.S. Census Bureau divisions, as well as 29 U.S. states, plus the District of Columbia. The report is a measure of employment derived from an anonymous subset of roughly 411,000 U.S. business clients, which employ nearly 24 million workers in the U.S.
Each month, ADP issues the ADP Regional Employment Report as part of the company's commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP Regional Employment Report is broadly distributed to the public each month, free of charge.
ADP National Employment Report®
The ADP National Employment Report® is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 24 million U.S. workers, is published by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody's Analytics, Inc.
Each month, ADP issues the ADP National Employment Report as part of the company's commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.
The ADP Small Business Report® is a monthly estimate of private nonfarm employment among companies in the U.S. with 1-49 employees and is a subset of the ADP National Employment Report. The data for all three reports is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP's total base of U.S. business clients.
About Moody's Analytics
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $3.0 billion in 2013, employs approximately 8,400 people worldwide and maintains a presence in 31 countries. Further information is available at www.moodys.com.
With more than $11 billion in revenues and more than 60 years of experience, ADP® (NASDAQ: ADP) serves approximately 620,000 clients in more than 125 countries. As one of the world's largest providers of business outsourcing and Human Capital Management solutions, ADP offers a wide range of human resource, payroll, talent management, tax and benefits administration solutions from a single source, and helps clients comply with regulatory and legislative changes, such as the Affordable Care Act (ACA). ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP, visit the company's Web site at www.adp.com.
The ADP logo, ADP, ADP National Employment Report, ADP Small Business Report, and the ADP Research Institute are registered trademarks of ADP, LLC. The ADP Regional Employment Report is a service mark of ADP, LLC. All other trademarks are the property of their respective owners. Copyright © 2014, ADP, LLC.
Media Contact: Dick Wolfe ADP (973) 974-7034 Email Contact
Source: Automatic Data Processing, Inc. (ADP)