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SMALL BUSINESS REPORT
Small Businesses Created 58,000 Jobs in May, According to ADP National Employment Report
Employment in nonfarm private small business payrolls rose 58,000 in May on a seasonally adjusted basis, accounting for 43% of employment gains across all payroll size groups. Within small businesses, 64% of the employment growth contribution was associated with companies having between 1-19 employees.
Goods Producing Sector:
- Small businesses (1-49 employees) +1,000
- Very Small businesses (1-19 employees) +1,000
- Other Small businesses (20-49 employees) 0
Services Providing Sector:
- Small businesses (1-49 employees) +58,000
- Very Small businesses (1-19 employees) +36,000
- Other Small businesses (20-49 employees) +21,000
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 may include multiple establishments.
Sum of components may 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.