ADP reported September 30 that private-sector employment increased by 90,000 jobs in September. Its report is produced with the Stanford Digital Economy Lab using anonymized payroll data. The estimate is not a count of all U.S. employment and should not be substituted for the government's jobs report.
The company says education and health care and leisure and hospitality led hiring, while financial activities and professional and business services weakened. A positive national total can coexist with fewer opportunities in a particular field. The report does not establish the outlook for an individual employer.
ADP separately reports median year-over-year base-pay growth of 3.0% for job-stayers and 4.8% for job-changers. Gross-pay growth differs. These are measured changes across workers in its data, not inflation-adjusted take-home gains or a guarantee that changing jobs produces a 4.8% raise.
When planning debt payments around future earnings, use your actual salary offer, taxes and benefits rather than the headline average. The latest release also incorporates a new quarterly benchmarking input. A monthly hiring estimate and a pay-growth median answer different questions; neither should be turned into a personal borrowing limit.