ADP Report Claims 192,000 Jobs Added In January

ADP jobs report January

By Martin Crutsinger

A private survey shows U.S. businesses increased hiring in January compared with a revised December reading.

Payroll processor ADP says that employers added 192,000 jobs in January. That is more than December's revised number of 185,000, which had initially been reported at 215,000.

The ADP report is derived from actual payroll data and tracks total nonfarm private employment each month. The increase in hiring occurred after Congress and the Obama administration reached an agreement on Jan. 1 to avoid sharp tax increases and across-the-board government spending cuts.

The ADP report showed that most of the gains came from small businesses with 49 or fewer employers. This group of firms added 115,000 jobs in January. Medium businesses, those with 50 to 499 employees, added 79,000 jobs during the month while large businesses cut 2,000 employees.

In a separate report Wednesday, the government said that the overall economy shrank from October through December at an annual rate of 0.1 percent. The weakness came from the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles. The 0.1 percent drop in the gross domestic product in the fourth quarter was a sharp slowdown from 3.1 percent growth in the July-September period.

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Gum Boocho

I think that this stat on "adding jobs" is misleading & requires exegesis. How about a stat that says 1) how many persons 18-66 live in the USA & 2) how many are employed 40 hours per week or more.

Adding jobs makes no sense without knowing how many jobs are gone & how much the population increased.

February 18 2013 at 11:48 AM Report abuse rate up rate down Reply
Marc Thompson

Meanwhile, the economy is contracting and we will blame this on Hurricane Sandy and George W Bush!

January 31 2013 at 9:13 PM Report abuse rate up rate down Reply

This is yesterdays report because today the number of new unemployment claims has gone up. Who is to be believed.

January 31 2013 at 2:21 PM Report abuse rate up rate down Reply

Lay off a 40hr Employee, than hire two 20hr Employees that looks good on paper. One article said Economy shrunk, yet jobs are up.. With this Govt 2+2=5..

January 31 2013 at 10:32 AM Report abuse rate up rate down Reply

Hmmmm! How come they always report how many jobs are "added" each month, but not how many jobs were lost to to businesses going out of business and those laid off? I think that the two figures should be reported side-by-side!

January 31 2013 at 5:30 AM Report abuse +2 rate up rate down Reply

This is great news!!

January 31 2013 at 2:24 AM Report abuse rate up rate down Reply

Something does't add up
Economic news is bad but jobs are being created.
Or does ADP only talk of adds and not those taken off payroll.

January 30 2013 at 9:38 PM Report abuse +2 rate up rate down Reply

Great news. Sorry part they haven't told the company my wife works for who are about to fire 250.

January 30 2013 at 8:26 PM Report abuse +2 rate up rate down Reply

Ask a door greeter how the job market is doing even a retired person would want more pay and hours. The same 3 greeters I see are budging unless they lose that job because they know ther aren't any jobs out there for over 55.

January 30 2013 at 4:32 PM Report abuse rate up rate down Reply

This Jobs board isn't doing so well. How about that? When AOL lays off you don't see them coming here.

January 30 2013 at 4:28 PM Report abuse rate up rate down Reply

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