ADP revamping national employment report

Posted on AllSides July 5th, 2022
From The Right
Fox Business

It's a big week for jobs data, but investors will be missing one key influential report; the ADP data, a widely viewed pre-cursor to the government's monthly data. 

The human resources management software and services provider will pause the July 7 and August 3 releases of its monthly national employment report as the company retools its methodology.

The revamped report will provide a "more robust, high-frequency view of the labor market and trajectory of economic growth" the company specified. 

ADP is aiming to unveil the new report on August 31. 

"ADP's extensive dataset of...

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