2008 U.S. Economic Events & Analysis
Resource Center »  U.S. & International Recaps   |   Release Dates   |   Why Investors Care    |   Today's Calendar

ADP Employment Report
Definition
The ADP national employment report is computed from a subset of ADP records that in the last six months of 2006, represented approximately 364,000 U.S. business clients and approximately 22 million U.S. employees working in all private industrial sectors. The data are collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. ADP contracted with Macroeconomic Advisors to compute a monthly report that would ultimately help to predict monthly nonfarm payrolls from the Bureau of Labor Statistic's employment situation. The ADP report only covers private (excluding government) payrolls at this time. (Automatic Data Processing (ADP)/Macroeconomic Advisers) Why Investors Care

Released on 1/3/08 For Dec 2007
ADP Nonfarm Private Payroll Employment
 Actual 40,000M/M Difference  
 Previous 189,000 M/M Difference  

Highlights
ADP is calling for a very thin 40,000 rise in December private payrolls, a result that will no doubt lower expectations for tomorrow's employment report. The results are likely to push Treasury yields, the dollar and stocks all lower today.

Trends
[Chart] The new ADP employment report is aimed at improving payroll forecasts by providing information in advance of the employment report.
Data Source: Haver Analytics | Consensus Data Source: Market News International and Thomson Financial

2007 Release Schedule
Released On: 1/3 1/31 3/7 4/4 5/2 5/30 7/5 8/1 9/5 10/3 10/31 12/5
Released For: Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov


 
powered by [Econoday]
Legal Notices | © Copyright 2000 -2007 Econoday, Inc.