The ADP National Employment Report tracks U.S. nonfarm employment trends in the private sector. Data is gathered by ADP (Automatic Data Processing), which handles payroll for ~20% of all privately-employed U.S. workers across 400,000 companies.
The report is released in a partnership with Moody’s Analytics and is divided into four segments:
- A national overview that analyzes changes by business size and sector
- A small business breakdown by size and sector
- A franchise breakdown by industry that includes fast food, hotels and real estate
- A regional assessment that highlights changes in six key states by sector and industry
The report also includes data on changes in annual pay rates. It’s released two days prior to the Bureau of Labor Statistics’ employment situation report each month.