Private sector employment increased by 42,000 jobs in October, with year-over-year pay rising by 4.5%, according to the ADP National Employment Report produced by ADP Research in collaboration with the Stanford Digital Economy Lab. This report furnishes an independent measure of the labor market using anonymized payroll data from over 26 million private-sector employees in…more
Jeffco BdB, ADP Release Updated Employment/Hiring Reports While national employment figures indicate a cautious hiring landscape, a new report from Jeffco BdB reveals a tale of two economies within Jefferson County, with robust growth in some areas masking stagnation elsewhere. The Jeffco 500 Hiring Index, tracking the county’s top businesses, showed a stable, slightly positive…more
Private sector employment increased by 54,000 jobs in August, as reported by the ADP National Employment Report. The report also indicated that annual pay rose by 4.4 percent year-over-year. The ADP report, which analyzes anonymized payroll data from over 26 million private-sector employees in the United States, reflects a snapshot of the labor market. According…more
The U.S. labor market has shown a consistent, albeit sometimes turbulent, recovery since the 2020 downturn, with national private-sector payrolls recently surpassing pre-pandemic highs. However, a closer look at regional data from the latest ADP Employment Report reveals that the Mountain Region is not just recovering; it’s setting a formidable pace for economic growth, significantly…more