Private sector small business employment increased by 85,000 jobs from July to August according to the August ADP Small Business Report. Due to the important contribution that small businesses make to economic growth, employment data that are 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.
August 2015 Small Business Report Highlights
Total Small Business Employment: 85,000
- By size:
o 1-19 employees 50,000
o 20-49 employees 35,000
- By sector for 1-49 employees:
o Goods producing 5,000
o Service providing 80,000
- By sector for 1-19 employees:
o Goods producing 1,000
o Service providing 49,000
- By sector for 20-49 employees:
o Goods producing 4,000
o Service providing 30,000
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
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Tags: Accounting, Firm Management
