Accounting
Report: Small Business Employment Increased by 90,000 Jobs in October
Private sector small business employment increased by 90,000 jobs from September to October according to the October ADP Small Business Report.
Nov. 06, 2015
Private sector small business employment increased by 90,000 jobs from September to October according to the October ADP Small Business Report. Due to the important contribution that small businesses make to economic growth, employment data that is specific to businesses with 49 or fewer employees is reported each month. The ADP Small Business Report is produced by ADP in collaboration with Moody’s Analytics.
October 2015 Small Business Report Highlights*
Total Small Business Employment: 90,000
- By size:
- 1-19 employees 50,000
- 20-49 employees 41,000
- By sector for 1-49 employees:
- Goods producing 13,000
- Service providing 77,000
- By sector for 1-19 employees:
- Goods producing 9,000
- Service providing 40,000
- By sector for 20-49 employees:
- Goods producing 4,000
- Service providing 37,000
* Sum of components may not equal total, due to rounding.
Additional information about small business employment, including charts on monthly job growth and employment levels along with historical data, is available at www.adpemploymentreport.com