ROSELAND, N.J., June 24, 2020 /PRNewswire/ --
WHAT: ADP Research Institute® will
release the June findings of the ADP National Employment
Report, ADP Small Business
Report and ADP National Franchise
Report on Wednesday,
July 1, 2020 at 8:15 a.m. ET.
Due to the important contribution that small businesses make to
economic growth, ADP Research Institute issues
the ADP Small Business Report independently of
the ADP National Employment Report.
The ADP Small Business Report offers detailed
private sector employment data that are specific to businesses with
49 or fewer employees.
Broadly distributed to the public each month, free of charge,
the ADP National Employment Report and ADP
Small Business Report are derived from ADP payroll data
representing 460,000 U.S. clients and nearly 26 million workers,
and are published by the ADP Research Institute in
collaboration with Moody's Analytics.
The ADP National Franchise Report measures
monthly changes in franchise employment. The matched sample
used to develop the ADP National Franchise
Report is derived from ADP payroll data, which represents
15,000 franchisors and franchisees employing nearly one million
U.S. workers.
WHEN: Wednesday, July 1, 2020,
8:15 a.m. ET
Conference Call for Media to follow at 8:30 a.m. ET:
Following the release of the ADP National Employment Report,
Moody's Analytics Chief Economist Mark
Zandi will provide context on the employment data during the
conference call.
Journalists are invited to access the call by
dialing: 1-800-675-6207
NOTE: This is an operator-assisted conference call dial-in number
and there is no passcode required.
About the ADP National Employment Report®:
The ADP National Employment Report® is a monthly measure of the
change in total U.S. nonfarm private employment derived from
actual, anonymous payroll data of client companies served by ADP®,
a leading provider of human capital management solutions. The
report, which measures nearly 26 million U.S. workers, is produced
by the ADP Research Institute®, a specialized group within the
company that provides insights around employment trends and
workforce strategy, in collaboration with Moody's Analytics,
Inc.
Each month, ADP Research Institute issues the ADP National
Employment Report as part of the company's commitment to adding
deeper insights into the U.S. labor market and providing
businesses, governments and others with a source of credible and
valuable information. The ADP National Employment Report is
broadly distributed to the public each month, free of charge.
The data for this report 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.
For a description of the underlying data and the statistical
model used to create this report, please see the ADP National
Employment Report: Development Methodology.
About the ADP Research Institute:
The mission
of the ADP Research Institute is to generate data-driven
discoveries about the world of work, and to derive reliable
economic indicators from these insights. We offer these
findings to the world at large as our unique contribution to making
the world of work better and more productive, and to bring greater
awareness to the economy at large.
About ADP (NASDAQ: ADP):
Designing better ways to
work through cutting-edge products, premium services and
exceptional experiences that enable people to reach their full
potential. HR, Talent, Time Management, Benefits, and
Payroll. Informed by data and designed for people. Learn more
at ADP.com
ADP, the ADP logo, Always Designing for People, ADP National
Employment Report, ADP Small Business Report, ADP National
Franchise Report and ADP Research Institute are registered
trademarks of ADP, LLC. All other marks are the property of their
respective owners.
Copyright © 2020 ADP, LLC. All rights reserved.
ADP-Media
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SOURCE ADP, LLC