US private sector employment is forecast to have fallen 169,000 from October to November 2009 on a seasonally adjusted basis, according to the ADP National Employment Report. The estimated change of employment from September to October was revised by 8,000, from a decline of 203,000 to a decline of 195,000.

The US Department of Labor will issue its employment report, covering the public and private sectors, on Friday.

November was the eighth consecutive month during which the decline in employment was less than in the previous month. Although overall economic activity is stabilising, employment usually trails economic activity, so it is likely to decline for at least a few more months.

November’s ADP Report estimates nonfarm private employment in the service-providing sector fell by 81,000. Employment in the goods-producing sector declined 88,000, with employment in the manufacturing sector dropping 44,000, the smallest decline since May of 2008.

Large businesses, defined as those with 500 or more workers, saw employment decline by 44,000 while medium-size businesses with between 50 and 499 workers declined 57,000.

Employment among small-size businesses, defined as those with fewer than 50 workers, declined 68,000. Employment losses among small-size businesses were the smallest since July of 2008. In November, construction employment dropped 44,000. This was its thirty-fourth consecutive monthly decline, and brings the total decline in construction jobs since the peak in January 2007 to 1,721,000. Employment in the financial services sector dropped 17,000, the twenty-fourth consecutive monthly decline.