Small Business Employment Report by ADP: May 2013
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Small Business Employment Report by ADP: May 2013

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Small Businesses Created 58,000 Jobs in May, According to ADP National Employment Report

Employment in nonfarm private small business payrolls rose 58,000 in May on a seasonally adjusted basis, accounting for 43% of employment gains across all payroll size groups. Within small businesses, 64% of the employment growth contribution was associated with companies having between 1-19 employees.

Highlights:

Goods Producing Sector:

-Small businesses (1-49 employees) +1,000
-Very Small businesses (1-19 employees) +1,000
-Other Small businesses (20-49 employees) 0

Services Providing Sector:

-Small businesses (1-49 employees) +58,000
-Very Small businesses (1-19 employees) +36,000
-Other Small businesses (20-49 employees) +21,000

Published in: Business
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