ADP Regional Employment Report: Arizona, Washington, and New Jersey Show Strongest Growth Rate in January Among States Tracked
ROSELAND, NJ -- (Marketwired) -- 02/12/14 -- Private sector employment increased in all nine U.S. Census Bureau Divisions during the month of January 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.
"U.S. regional private sector employment growth slowed in all regions in January compared to the six-month average, except the Middle Atlantic and West North Central," said Ahu Yildirmaz, senior director of the ADP Research Institute®. "At the state level, New Jersey recorded an exceptionally strong growth rate in January 2014 after a year-long slump in 2013. In contrast, New York shows the lowest growth rate of all states tracked."
On February 5, 2014, the ADP National Employment Report® reported that total U.S. private sector employment increased by a total of 175,000 jobs from December to January.
January 2014 Report Highlights
Changes in Regional U.S. Nonfarm Private Employment: *
- By U.S. Census Bureau Division
Region Jobs +/- Monthly Change% (Growth Rate) New England 5,000 0.08% Pacific 21,000 0.13% Middle Atlantic 20,000 0.13% East North Central 25,000 0.14% West North Central 16,000 0.19% Mountain 17,000 0.22% South Atlantic 38,000 0.17% East South Central 10,000 0.16% West South Central 23,000 0.17% Total Employment: 175,000
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 1,300 0.08% Arizona 7,230 0.34% California 9,330 0.08% Colorado 3,530 0.18% Connecticut 1,740 0.12% Florida 11,610 0.18% Georgia 5,160 0.15% Idaho 1,110 0.21% Illinois 6,960 0.14% Indiana 4,200 0.16% Kentucky 3,250 0.21% Maryland 1,700 0.08% Massachusetts 3,110 0.11% Michigan 2,810 0.08% Minnesota 3,700 0.16% Nevada 1,980 0.19% New Jersey 8,320 0.25% New York 3,950 0.05% North Carolina 4,380 0.13% Ohio 6,880 0.15% Oregon 2,050 0.15% Pennsylvania 7,920 0.15% South Carolina 2,060 0.13% Tennessee 3,990 0.17% Texas 22,120 0.23% Utah 2,430 0.23% Virginia 5,090 0.16% Washington 6,040 0.25% Washington D.C. 310 0.06% Wisconsin 4,080 0.17%
* 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 February 2014 ADP Regional Employment Report will be released at 9:00 a.m. ET on Wednesday, March 12, 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 Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services and research, including proprietary analyses from Moody's Investors Service, Moody's Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (MCO), which reported revenue of $2.7 billion in 2012, employs approximately 6,800 people worldwide and has a presence in 28 countries. Further information is available at www.moodysanalytics.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.
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Source: Automatic Data Processing, Inc. (ADP)