2015 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

ADP Employment Report  
Released On 2/4/2015 8:15:00 AM For Jan, 2015
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment241,000 253,000 220,000 210,000  to 266,000 213,000 

Highlights
ADP sees slowing in job growth for January, to a lower-than-expected 213,000 for private payrolls vs the Econoday consensus for 220,000 and against ADP's upwardly revised 253,000 for December (initial estimate 241,000). Turning to government data, the corresponding Econoday consensus for Friday's jobs report is 229,000 vs December's 240,000.

The 213,000 increase for January is the lowest since September which was also 213,000. Increases in ADP's data from October to December averaged 257,000. By industries, the largest percentage gain for January comes from construction, up 0.3 percent or 18,000 jobs, and the lowest from manufacturing, up 0.1 percent or 14,000 jobs, and financial activities, also up 0.1 percent or 10,000 jobs.

Recent History Of This Indicator
ADP private payroll employment growth for December posted at 241,000. This compares with the BLS figure for December private payrolls of 240,000.

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
 
 

2015 Release Schedule
Released On: 1/72/43/44/15/66/37/18/59/29/3011/412/2
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


powered by  [Econoday]