ADP National Employment Report Shows United States Added 57,000 Private Sector Jobs in February; ADP Enhances Report Methodology and Introduces New Industry and Company Size Data.

  
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 M2 PRESSWIRE-7 March 2007-ADP: ADP National Employment Report Shows United States Added 57,000 Private Sector Jobs in February; ADP Enhances Report Methodology and Introduces New Industry and Company Size Data(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:07032007
ROSELAND, New Jersey - Private sector employment increased by 57,000 in February, according to today's ADP National Employment Report. Beginning today, the ADP National Employment Report will be developed from a significantly larger sample of anonymous payroll data, and will utilize more advanced data filtering and seasonal adjustment procedures. The ADP Report also has been broadened to now include additional detail on nonfarm private employment by select industry sectors and by company size.
Nonfarm Private Employment Highlights - February Report:
-- Total employment: +57,000
-- Small businesses* +53,000
-- Medium businesses** +33,000
-- Large businesses*** -29,000
-- Goods-producing sector: -43,000
-- Service-providing sector: +100,000
Addendum:
-- Manufacturing industry: -29,000
* Small businesses represent payrolls with 1-49 employees ** Medium businesses represent payrolls with 50-499 employees *** Large businesses represent payrolls with more than 499 employees
"Today marks an exciting milestone for the ADP National …