ADP Small Business Employment Report: February 2014

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Information about ADP Small Business Employment Report: February 2014
Business & Mgmt

Published on March 7, 2014

Author: adp

Source: slideshare.net

Description

http://bit.ly/1fPhjbd

Small Businesses Created 59,000 Jobs in February, According to ADP National Employment Report

Employment in nonfarm private small business payrolls rose 59,000 in February on a seasonally adjusted basis, accounting for 43% of employment gains across all payroll size groups. Within small businesses, 54% of the employment growth contribution was associated with companies having between 1-19 employees.

Highlights:

Goods Producing Sector:

-Small businesses (1-49 employees) +7,000
-Very Small businesses (1-19 employees) +4,000
-Other Small businesses (20-49 employees) +3,000

Services Providing Sector:
-Small businesses (1-49 employees) +52,000
-Very Small businesses (1-19 employees) +28,000
-Other Small businesses (20-49 employees) +25,000

Small Business Report FEBRUARY 2014 59,000 Small Business Employment in U.S. nonfarm private business from sector January to February. Change by Size Very Small 32,000 28,000 1-19 Employees Small 20-49 Employees Change by Sector Goods-producing Sector 7,000 last 6 months average last month 11,000 current month 7,000 7,000 Service-providing Sector 52,000 last 6 months average last month 72,000 45,000 current month 52,000 Current Employment vs. Prior Months last 6 months average current month 83,000 last 3 months average 59,000 current month 67,000 59,000 For more information, please visit the methodology section of the ADP National Employment ReportĀ® website at: Very Small businesses represent companies with 1-19 employees. Small businesses represent companies with 20-49 employees. http://ADPemploymentreport.com/methodology.aspx ADP, the ADP logo and the ADP Small Business Report are registered trademarks of ADP, Inc. Copyright Ā© 2014 ADP, Inc.

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