Wednesday, October 1, 2014

ADP: Private Sector Added 213,000 Jobs in September

According to the ADP’s National Employment Report, the private sector added 213,000 jobs in September. The pace of job growth improved from the previous month and continue to remain above 200,000, indicative of a healthy and growing labor market. September’s report on net added 3,000 jobs in revisions to July and August’s headline numbers.

Job gains continued to be centered in the service sector, which added 155,000 jobs in September. However the Service Sector showed the slowest growth since August 2013.

The goods sector continued its second month of strong growth, adding 58,000 jobs in August, the fastest pace since at least 2001. The growth was driven by manufacturing gains, which added 35,000 jobs, the fastest pace since May 2010.

Read the ADP release.

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