National Employment Report
The ADP National Private Employment Report is a measure of nonfarm
private employment, based on aggregated and anonymous payroll data. The
report attempts to provide additional timely and accurate estimates of
short-term movements in the national labor markets ADP pays 1-in-6
private sector employees in the United States across a broad range of
industries, firm sizes, and geographies.
The data (after revisions) tend to track the government data over time,
although on any given month there can be significant discrepancies. The
ADP report does not include government employees.
Non-Farm Payroll Employment is a monthly estimate of the number of
payroll jobs at all nonfarm business establishments and government
agencies. Information is also provided on the average number of hours
worked per week and average hourly and weekly earnings.
The rate of unemployment is released along with this report.
Impact: Growth of employment and hours worked provide important
information about the current and likely future pace of overall economic
growth. Trends in average hourly earnings provide information about
supply and demand conditions in labor markets, which may provide signals
about the overall level of resource utilization in the economy.