ADP National Employment Report

DEFINITION of 'ADP National Employment Report'

A report that measures levels of non-farm private employment. The ADP National Employment Report is based on payroll data from over half of ADP's U.S. business clients. The data represents about 24 million employees from all 19 of the major North American Industrial Classification (NAICS) private industrial sectors.

The ADP Employer report is sponsored by ADP Employer Services and is maintained by Macroeconomic Advisers LLC., and is based on an analysis of over five years of data and a monthly review of payroll records.

BREAKING DOWN 'ADP National Employment Report'

The ADP National Employment Report is released monthly, and used by economists, policy-makers and financial professionals as a timely and accurate resource for estimates in national labor market movements.

RELATED TERMS
  1. North American Industry Classification ...

    A new business classification system developed through a partnership ...
  2. Nonfarm Payroll

    A statistic researched, recorded and reported by the U.S. Bureau ...
  3. General Employer

    An employer who loans an employee to another business, and who ...
  4. Industry

    A classification that refers to a group of companies that are ...
  5. Actual Deferral Percentage / Actual ...

    Annual non-discrimination tests for 401(k) plans mandated by ...
  6. Special Employer

    An employer who receives an employee on loan from another business, ...
Related Articles
  1. Investing

    ADP vs. Paychex: Which Is Better for My Portfolio?

    Discover why investors find that Paychex is the better buy over Automatic Data Processing for growth in a portfolio.
  2. Markets

    ADP Jobs Report Shows Continued Growth

    ADP's private sector jobs report beat analysts' expectations Wednesday, coming in at 214,000 new hires for February, compared with Bloomberg's consensus of 185,000.
  3. Trading

    Forex: Trading The U.S. Nonfarm Payroll Report

    The U.S. nonfarm payrolls will always serve as an important piece of news for the currency investor and trader.
  4. Investing

    The Implications of Nonfarm Payroll

    The nonfarm payroll is a key economic indicator that’s closely monitored by analysts and investors around the world.
  5. Markets

    What You Need To Know About The Employment Report

    This widely watched indicator of economic well-being directly influences the market.
  6. Markets

    Will a Solid Payroll Report Mean a June Rate Hike?

    Is a June rate hike in the cards if the May 6 payroll report comes in favorable?
  7. Professionals

    (ADP) Who are ADP's Main Competitors?

    Explore ADP's primary competitors in its two major segments, with brief descriptions of the scale and offerings of companies such as SAP, Oracle and Workday.
  8. Markets

    Explaining Industry

    The term industry refers to a classification of companies that share similar business activities.
  9. Investing

    Explaining Capital Employed

    Generally, capital employed refers to all of the assets used in a business that contribute to the company’s ability to earn revenue.
  10. Markets

    America’s Labor Market: Hidden Distortions and Uncertain Forecasts

    Employment reports released by the Bureau of Labor Statistics have a profound impact on political, business, consumer, and investor behavior.
RELATED FAQS
  1. What impact does a higher non-farm payroll have on the forex market?

    Traders are constantly monitoring various economic indicators to identify trends in economic growth. Some of the most watched ... Read Answer >>
  2. Are catch-up contributions included in actual deferral percentage (ADP) testing?

    Find out why catch-up contributions are not included in the ADP testing, and how the IRS uses non-discrimination tests to ... Read Answer >>
  3. Will a 10-99 form make my taxes higher?

    My employer is not withholding taxes each pay day. Will this increase my taxes because they will give ... Read Answer >>
  4. Why might two companies calculate capital employed differently?

    See why not every company defines and measures capital employed in the same manner, and which methods are most common in ... Read Answer >>
  5. How can I calculate capital employed from a company's balance sheet?

    Discover how to define and then use a simple method to measure a company's capital employed by looking only at its balance ... Read Answer >>
  6. As an investor in stock, how should I evaluate a company's capital employed?

    Learn how to define, calculate and evaluate a company's capital employed. See how to use return on capital employed to compare ... Read Answer >>
Hot Definitions
  1. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  2. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  3. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  4. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  5. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  6. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
Trading Center