ROSELAND, NJ–(Marketwired – Mar 11, 2015) – Private sector employment increased in all four major regions and all nine U.S. Census Bureau Divisions during the month of February 2015, according to the monthly ADP Regional Employment Report®, 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.
“Lower oil prices have slowed job growth somewhat in the Gulf states,” said Ahu Yildirmaz, VP and head of the ADP Research Institute®. ”However, strength in other industries in those states and the rest of the South has offset weakness in the energy sector.”
On March 4, 2015, the ADP National Employment Report® reported that total U.S. private sector employment increased by a total of 212,000 jobs from January to February.
February 2015 Report Highlights
Changes in Regional U.S. Nonfarm Private Employment: 212,000*
- Four Major Regions
|Region||Jobs +/-||Monthly Change %|
- By U.S. Census Bureau Division
|Division||Jobs +/-||Monthly Change %|
|East North Central||22,000||.12%|
|West North Central||13,000||.15%|
|East South Central||10,000||.16%|
|West South Central||34,000||.25%|
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 %|
* 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 March 2015 ADP Regional Employment Report will be released at 9:00 a.m. ET on Wednesday, April 8, 2015. A full publishing calendar can be found at www.ADPemploymentreport.com.
About the ADP Regional Employment Report®
The ADP Regional Employment Report®, 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.
About the 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 the proprietary analysis of 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 (NYSE: MCO), which reported revenue of $3.3 billion in 2014, employs approximately 9,900 people worldwide and maintains a presence in 33 countries. Further information is available at www.moodysanalytics.com.
Employers around the world rely on ADP® (NASDAQ: ADP) for cloud-based solutions and services to help manage their most important asset — their people. From human resources and payroll to talent management to benefits administration, ADP brings unmatched depth and expertise in helping clients build a better workforce. A pioneer in Human Capital Management (HCM) and business process outsourcing, ADP serves more than 610,000 clients in 100 countries. ADP.com.
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