Economic Report:ADP Private Payroll Change
Released by:Automatic Data Processing, Inc.
Release Date/Time:8:15 a.m. Monthly, two days before the month's Unemployment Rate is released.
Description:It is a measure of employment derived from an anonymous subset of roughly 500,000 U.S. business clients. During the twelve month period through , this subset averaged over U.S. business clients and over U.S. employees working in all private industrial sectors. The ADP Small Business Report® is a monthly estimate of private nonfarm employment among companies in the United States with 1-49 employees and is a subset of the ADP National Employment Report. The data for both reports is 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. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP's total base of U.S. business clients.