2017 Economic Calendar
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ADP Employment Report  
Released On 11/1/2017 8:15:00 AM For Oct, 2017
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment135,000 110,000 210,000 155,000  to 340,000 235,000 

Highlights
ADP is calling for a limited snap back in the October employment report. ADP sees private payrolls rising 235,000 which is just on the high side of ADP's usual estimates. Actual private payrolls fell 40,000 in September, pulled down by hurricane dislocations. Today's results may, only on the margin, pull down expectations for Friday's private payrolls where the consensus is currently 320,000.

Recent History Of This Indicator
ADP did call for slowing payroll growth during the hurricane-hit month of September but, at 135,000, was far above the actual decline of 40,000 as reported by the Labor Department. The consensus for ADP's October call is 210,000 though the spread is very wide, between 155,000 and 340,000.

Definition
The ADP national employment report is computed from a subset of ADP records that represent approximately 400,000 U.S. business clients and approximately 23 million U.S. employees working in all private industrial sectors. ADP contracted with Moody’s Analytics to compute a monthly report that would ultimately help to predict monthly nonfarm payrolls from the Bureau of Labor Statistic's employment situation. The ADP report only covers private (excluding government) payrolls.  Why Investors Care
 
[Chart]
The new ADP employment report is aimed at improving payroll forecasts by providing information in advance of the employment report.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/52/13/84/55/36/17/68/28/3010/411/112/6
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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