ROSELAND, N.J., March 5,
2025 /PRNewswire/ -- Private sector employment
increased by 77,000 jobs in February and annual pay was up 4.7
percent year-over-year, according to the February
ADP® National Employment Report™ produced by ADP
Research in collaboration with the Stanford Digital Economy Lab
("Stanford Lab"). The ADP National
Employment Report is an independent measure and high-frequency view
of the private-sector labor market based on actual, anonymized
payroll data of more than 25 million U.S. employees.
The jobs report and pay insights use ADP's fine-grained
anonymized and aggregated payroll data to provide a representative
picture of the private-sector labor market. The report details the
current month's total private employment change, and weekly job
data from the previous month. Because the underlying ADP payroll
databases are continuously updated, the report provides a
high-frequency, near real-time measure of U.S. employment. This
measure reflects the number of employees on ADP client payrolls
(Payroll Employment) to provide a richer understanding of the labor
market. As of January 2025, ADP's Pay
Insights measure captures nearly 14.8 million individual pay change
observations each month, up from nearly 10 million when it
launched.
"Policy uncertainty and a slowdown in consumer spending might
have led to layoffs or a slowdown in hiring last month," said
Nela Richardson, chief economist,
ADP. "Our data, combined with other recent indicators, suggests a
hiring hesitancy among employers as they assess the economic
climate ahead."
February 2025 Report
Highlights*
View the ADP National Employment Report and interactive
charts at www.adpemploymentreport.com.
JOBS REPORT
Private employers added 77,000 jobs in February
Hiring
slowed to the smallest level of gains since July, with trade and
transportation, health care and education, and information showing
job losses. Small business employment also fell.
Change in U.S. Private Employment:
77,000
Change by Industry Sector
- Goods-producing: 42,000
- Natural resources/mining -2,000
- Construction 26,000
- Manufacturing 18,000
- Service-providing: 36,000
- Trade/transportation/utilities -33,000
- Information -14,000
- Financial activities 26,000
- Professional/business services 27,000
- Education/health services -28,000
- Leisure/hospitality 41,000
- Other services 17,000
Change by U.S. Regions
- Northeast: 55,000
- New England 34,000
- Middle Atlantic 21,000
- Midwest: 56,000
- East North Central 45,000
- West North Central 11,000
- South: -12,000
- South Atlantic -26,000
- East South Central 32,000
- West South Central -18,000
- West: -27,000
- Mountain -2,000
- Pacific -25,000
Change by Establishment Size
- Small establishments: -12,000
- 1-19 employees -17,000
- 20-49 employees 5,000
- Medium establishments: 46,000
- 50-249 employees 15,000
- 250-499 employees 31,000
- Large establishments: 37,000
PAY INSIGHTS
Pay gains remained stable in February
For
job-changers, year-over-year pay gains slowed slightly, from 6.8
percent in January to 6.7 percent. Pay gains for job-stayers were
flat at 4.7 percent.
Median Change in Annual Pay (ADP matched person
sample)
- Job-Stayers 4.7%
- Job-Changers 6.7%
Median Change in Annual Pay for Job-Stayers by Industry
Sector
-
Goods-producing:
- Natural resources/mining 4.4%
- Construction 4.9%
- Manufacturing 4.8%
-
Service-providing:
- Trade/transportation/utilities 4.4%
- Information 4.2%
- Financial activities 5.1%
- Professional/business services 4.5%
- Education/health services 4.9%
- Leisure/hospitality 4.8%
- Other services 4.5%
Median Change in Annual Pay for Job-Stayers by Firm
Size
- Small
firms:
- 1-19 employees 2.8%
- 20-49 employees 4.4%
- Medium
firms:
- 50-249 employees 4.9%
- 250-499 employees 5.1%
- Large
firms:
To see Pay Insights by U.S. State, Gender, and Age for
Job-Stayers, visit here.
* Sum of components may not equal total due to rounding.
The January total number of jobs added was revised from 183,000
to 186,000. The historical data file and weekly data for the
previous month are available at
https://adpemploymentreport.com/.
To subscribe to monthly email alerts or obtain additional
information about the ADP National Employment Report, including
employment and pay data, interactive charts, methodology, and a
calendar of release dates, please visit
https://adpemploymentreport.com/.
The March 2025 ADP National
Employment Report will be released at 8:15 a.m. ET on April 2,
2025.
About the ADP® National Employment
Report™ The ADP National Employment Report is an
independent measure of the change in U.S. private employment and
pay derived from actual, anonymized payroll data of client
companies served by ADP, a leading provider of human capital
management solutions. The report is produced by ADP Research in
collaboration with the Stanford Digital Economy Lab.
The ADP National Employment Report is broadly distributed to the
public each month, free of charge, as part of the company's
commitment to offering deeper insights of the U.S. labor market and
providing businesses and governments with a source of credible and
valuable information.
About ADP Research
The mission of ADP Research is to
make the future of work more productive through data-driven
discovery. Companies, workers, and policymakers rely on our finely
tuned data and unique perspective to make informed decisions that
impact workplaces around the world.
About ADP (NASDAQ – ADP)
Designing better ways to work
through cutting-edge products, premium services and exceptional
experiences that enable people to reach their full potential. HR,
Talent, Time Management, Benefits and Payroll. Informed by data and
designed for people. Learn more at ADP.com
ADP, the ADP logo, and Always Designing for People,
ADP National Employment Report, ADP Research Institute and ADP
Research are trademarks of ADP, Inc. All other marks are the
property of their respective owners.
Copyright © 2025 ADP, Inc. All rights reserved.
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SOURCE ADP, Inc.