SMALL BUSINESS REPORT
Small Businesses Created 102,000 Jobs in October, According to ADP Small Business Report
Employment in nonfarm private small business payrolls rose 102,000 in October on a seasonally adjusted basis, accounting for 45% of employment gains across all payroll size groups. Within small businesses, 52% of the employment growth contribution was associated with companies having between 1-19 employees.
Goods Producing Sector:
- Small businesses (1-49 employees) +11,000
- Very Small businesses (1-19 employees) +5,000
- Other Small businesses (20-49 employees) +6,000
Services Providing Sector:
- Small businesses (1-49 employees) +91,000
- Very Small businesses (1-19 employees) +48,000
- Other Small businesses (20-49 employees) +44,000
Note: All size data included in the ADP National Employment Report is based on size of business, defined as an entity with a unique Employer Identification Number, which October include multiple establishments.
Sum of components October not equal total due to rounding.
View This Month’s National Employment Report
Change in Small Business Employment (in thousands)
Change in Small Business Employment by Company Size (in thousands)
Change in Small Business Employment by Sector (in thousands)
About This Report: The ADP National Employment Report provides a monthly snapshot of the current U.S. nonfarm private sector employment situation based on actual transactional payroll data.