ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in April

[mahatmakanejeeves]

Source: Automatic Data Processing

ADP National Employment Report: Private Sector Employment Increased by 156,000 Jobs in April

ROSELAND, N.J. – May 4, 2016 – Private sector employment increased by 156,000 jobs from March to April according to the April ADP National Employment Report^®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP^® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
....

Total Employment

Change in Nonfarm Private Employment



Historical Trend

Change in Total Nonfarm Private Employment



Source: Automatic Data Processing, ADP^®

Read more: http://www.adpemploymentreport.com/2016/April/NER/NER-April-2016.aspx

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Source: Automatic Data Processing, ADP^®

I keep adding the source for this, but the text editing software refuses to accept it. It shows up in the "Preview" mode, but it's deleted in the final version. I had this problem last month too. I don't know what's wrong. Can someone look into this? Thanks.

Earlier, I had heard that the estimate might be as low as 163,000. This is below that.

MarketWatch is not reporting a median forecast for today's ADP report. It is reporting a forecast of a gain of 203,000 from the Bureau of Labor Statistics (BLS) on Friday.


[center]Past Performance is Not a Guarantee of Future Results.[/center]

Nonetheless, what is important is not this month's results, but the trend. Let’s look at some earlier numbers:

Bureau of Labor Statistics, for employment in March 2016:

Payroll employment rises by 215,000 in March; unemployment rate little changed at 5.0%

ADP® (Automatic Data Processing), for employment in March 2016:

ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in March

Bureau of Labor Statistics, for employment in February 2016:

Payroll employment rises by 242,000 in February; unemployment rate unchanged at 4.9%

ADP^® (Automatic Data Processing), for employment in February 2016:

ADP National Employment Report: Private Sector Employment Increased by 214,000 Jobs in February

Bureau of Labor Statistics, for employment in January 2016:

Payroll employment rises by 151,000 in January; unemployment rate changes little (4.9%)

ADP^® (Automatic Data Processing), for employment in January 2016:

ADP National Employment Report: Private Sector Employment Increased by 205,000 Jobs in January

Bureau of Labor Statistics, for employment in December 2015:

Payroll employment rises by 292,000 in December; unemployment rate unchanged at 5.0%

ADP^® (Automatic Data Processing), for employment in December 2015:

ADP National Employment Report: Private Sector Employment Increased by 257,000 Jobs in December

Bureau of Labor Statistics, for employment in November 2015:

Payroll employment rises by 211,000 in November; unemployment rate unchanged at 5.0%

ADP^® (Automatic Data Processing), for employment in November 2015:

ADP National Employment Report: Private Sector Employment Increased by 217,000 Jobs in November

Bureau of Labor Statistics, for employment in October 2015:

Payroll employment rises by 271,000 in October; jobless rate essentially unchanged (5.0%)

ADP^® (Automatic Data Processing), for employment in October 2015:

ADP National Employment Report: Private Sector Employment Increased by 182,000 Jobs in October

Bureau of Labor Statistics, for employment in September 2015:

Payroll employment rises by 142,000 in September; unemployment rate remains at 5.1%

ADP^® (Automatic Data Processing), for employment in September 2015:

ADP National Employment Report: Private Sector Employment Increased by 200,000 Jobs in September

[jtuck004]

1. Americans fear a life of 'dead-end crap jobs with crap wages'

...
The anger is boiling over
"The anger is boiling over. Enough of the American people have got it through their heads that the American Dream is dead for us," says Jo-Ann, who lives in Pennsylvania. She requested that her last name be withheld for this article so it wouldn't impact her ongoing search for a better job.
The economy is the No. 1 issue on voters' minds even though America is growing, unemployment is incredibly low (4.9%) and gas is cheap.
"I thank God I don't have a kid. I don't know what I would tell them," she says. Her advice to young people is to skip college and learn a trade like plumbing that probably won't be shipped overseas. She supports Sanders. She agrees with him (and Trump) that trade deals like NAFTA are part of the problem.
...
Brinkman grew up in a small South Dakota town. She says people there describe this presidential race as akin to "picking the cleanest turd out of the bunch."

http://money.cnn.com/2016/03/16/news/economy/donald-trump-bernie-sanders-us-election/index.html?iid=EL

Millennials are now the largest cohort. They take home 20% less than Gen X, have much more debt. And their kids won't have it that good.

Good luck.

[mahatmakanejeeves]

2. "... skip college and learn a trade like plumbing that probably won't be shipped overseas."

Last edited Thu May 5, 2016, 08:59 AM - Edit history (1)

The problem is that anyone can do that. You can go to the library and check out a book on how to do your own plumbing. The barriers to entry barely register a pulse.

My vote is to become an electric utility line worker. This is definitely not a do-it-yourself maintenance procedure. You train and train and train to move up in the ranks. Safety is taken extremely seriously. The barriers to entry are high, and the pay reflects this.

Occupational Outlook Handbook: Line Installers and Repairers

Working conditions can be rough - you go out when no one else does. Who, though, is not happy to see that you are there?

[jtuck004]

3. That's a really good idea. It's hard, really physical, worse than roofing at times, and

they train all the time, as you said, because it is very dangerous.

But likely a good future for those that can get in

[Sunlei]

7. The "learn a trade" like plumbing doesn't mean 'do it yourself' you get certified & start a business

Same for electrician, mechanic, or a RN or many of the jobs in the medical field. People get certified and start to move up in their field.

My farrier earns a huge income, he went to a farrier school in Ill. for 5 months and apprenticed/worked for a while under an expert. Now he 'works' a couple days a week, sends out his own apprentice on many calls. He used to be a teacher, but much prefers doing something he loves and it pays much better.

[Skittles]

5. "picking the cleanest turd of the bunch"

that about says it all

[mahatmakanejeeves]

6. "Her advice to young people is to skip college and learn a trade like plumbing...."

She might be on to something:

Barclays Director Accused of Giving Insider Tips to a Plumber to Remodel His Bathroom

According to the Securities and Exchange Commission, Barclays director Steven McClatchey gave his plumber friend, Gary Pusey, who has also been charged with insider trading, illicit tips on 10 different occasions ahead of public mergers and acquisitions announcements.
....

The information, which included deals involving CVS Health and PetSmart, allowed Pusey to net about $76,000 since early 2014, according to the complaint. In return, Pusey allegedly offered his services for remodeling McClatchey’s bathroom free of charge, and paid McClatchey thousands in cash, which was typically placed in McClatchey’s gym bag while the two were at the marina where the two kept their fishing boats, or handed to him in his garage.

[Skittles]

4. DISMAL