Employment in nonfarm private small business payrolls rose 78,000 in August, according to the ADP Employment Report. The gain in small business jobs accounted for 38 percent of the gains in employment across all sizes of businesses. In the small business category, half of the employment growth contribution was associated with companies having between 1-19 employees.
Small Business Highlights of ADP’s August Employment Report
Goods Producing Sector:
- Small businesses (1-49 employees) +12,000
- Very Small businesses (1-19 employees) +9,000
- Other Small businesses (20-49 employees) +3,000
Services Providing Sector:
- Small businesses (1-49 employees) +66,000
- Very Small businesses (1-19 employees) +30,000
- Other Small businesses (20-49 employees) +37,000
ADP’s August Employment Report Infographic
(Images via ADP)