ADP National Employment Report

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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.

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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 Full Answer >>
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    The unemployment rate and Consumer Confidence Index (CCI) rank as two of the most important economic indicators to consider ... Read Full Answer >>
  3. Why is the employment figure important to a "dove"

    The employment figure is important to doves, because they are primarily concerned with the health of the labor market. Doves ... Read Full Answer >>
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    The unemployment rate is one of the most closely followed indicators, used by businesses, investors and private citizens ... Read Full Answer >>
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