Wednesday, June 3, 2009

ADP: Small / Mid-Size Companies are Bulk of Employment Loss

Marketwire reports:

"May's ADP Report estimates nonfarm private employment in the service-providing sector fell by 265,000. Employment in the goods-producing sector declined 267,000, with employment in the manufacturing sector dropping 149,000, its thirty-ninth consecutive monthly decline."

"Large businesses, defined as those with 500 or more workers, saw employment decline by 100,000, while medium-size businesses with between 50 and 499 workers declined 223,000. Employment among small-size businesses, defined as those with fewer than 50 workers, declined 209,000," said Prakken.

Source: ADP


  1. Jake, could you send me an email so I can have your email to send you a request?


  2. ADP tends to have larger market share among small employers vs. large employers and I wonder if this could be skewing the results.