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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

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  • 1. SmallChange by SizeCurrent Employment vs. Prior Months1,000Change by Sectorlast monthlast 6 months average current monthlast monthlast 6 months average current month58,0006,000 3,00021,000Very Small37,000Goods-producing Sector58,000Service-providing SectorSmall Business Employment inU.S. nonfarm private businessfrom sector April to May.1-19 Employees20-49 EmployeesSmallBusiness ReportMAY 2013For more information, please visit themethodology section of the ADP NationalEmployment Report® website at:http://ADPemploymentreport.com/methodology.aspxVery Small businesses represent companies with 1-19 employees.Small businesses represent companies with 20-49 employees.ADP, the ADP logo and the ADP Small Business Report areregistered trademarks of ADP, Inc. Copyright © 2013 ADP, Inc.last 6 months average current monthlast 3 months average current month58,00065,00060,000 58,00058,00058,0001,00046,000