Saturday, February 10, 2007

ADP National Employment Report Shows United States Added 152,000 Private Sector Jobs in January


ADP National Employment Report Shows United States Added 152,000 Private Sector Jobs in January

ROSELAND, NJ -- (MARKET WIRE) -- January 31, 2007 -- Private sector employment increased by 152,000 in January, according to today's ADP National Employment Report(SM). The ADP National Employment Report, created by ADP® Employer Services, a division of Automatic Data Processing, Inc. (ADP), in partnership with Macroeconomic Advisers, LLC, is based on actual payroll data and measures the change in total nonfarm private employment each month.

"We are committed to continually enhancing the ADP National Employment Report to provide unique and valuable information about the U.S. employment situation," said Victor Saliterman, ADP Senior Vice President, Marketing. "Beginning with February's Report to be released on March 7, the ADP National Employment Report will provide insight into employment in the goods-producing and service-providing industry sectors, as well as across various company sizes."

"Total nonfarm private employment rose 152,000 from December 2006 to January 2007 on a seasonally adjusted basis, according to the ADP National Employment Report," said Joel Prakken, Chairman of Macroeconomic Advisers, LLC. "The acceleration of employment in January suggests that the economy remained on solid footing heading into the new year, and that December's decline resulted from unusually large downward adjustments made at some firms to reflect the year-end reconciliation of employment records."

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