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California  | 
Integra Realty Resources' 2022 trends report sees the economy at a moment of qualitative change in the world of work

Robust Private Sector Job Growth Continues in September

The private U.S. business sector added 230,000 jobs from August to September, according to ADP’s September National Employment Report. Economists note strong economic growth is a positive sign encouraging companies to hire more workers.

ADP points out September’s job gain was the most in seven months, and comes on the heels of 168,000 jobs added in August, a total that was revised up from 163,000.

ADP Research Institute’s Ahu Yildirmaz says, “The labor market continues to impress. Both the goods and services sectors soared. The professional and business services industry and construction served as key engines of growth. They added almost half of all new jobs this month.”

 

Moody’s Analytics’ chief economist Mark Zandi, which helps put together the data, says, “The job market continues to power forward. Employment gains are broad-based across industries and company sizes. At the current pace of job creation, unemployment will fall into the low 3%’s by this time next year.”

Most major industries experienced strong hiring numbers. Highlights include: professional and business services adding 70,000 jobs, construction firms adding 34,000 jobs and education and health services adding 44,000 jobs.

The report was derived from ADP payroll data, which represents 411,000 U.S. clients employing nearly 24 million workers.


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Inside The Story

Read more at ADP ReportConnect With ADP Research Institute’s YildirmazConnect With Moody's Analytics’ Zandi

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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