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ADP Small Business Report: October 2013

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Small Businesses Created 37,000 Jobs in October, According to ADP National Employment Report.

Employment in nonfarm private small business payrolls rose 37,000 in October on a seasonally adjusted basis, accounting for 28% of employment gains across all payroll size groups. Within small businesses, 95% of the employment growth contribution was associated with companies having between 1-19 employees.

Highlights

Goods Producing Sector:

Small businesses (1-49 employees) +10,000
Very Small businesses (1-19 employees) +6,000
Other Small businesses (20-49 employees) +4,000

Services Providing Sector:

Small businesses (1-49 employees) +26,000
Very Small businesses (1-19 employees) +29,000
Other Small businesses (20-49 employees) -3,000

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