Business report

May 2022 ADP National Employment Report®, ADP Small Business Report® and ADP National Franchise Report® will be released on Thursday, June 2, 2022

ROSELAND, NJ , May 25, 2022 /PRNewswire/ —

WHAT:

ADP Research Institute® will publish the May conclusions of the ADP National Employment Report, ADP Small Business Report and ADP National Franchise Report on Thursday, June 2, 2022 at 8:15 a.m. ET.




Because of the important contribution of small businesses to economic growth, ADP Research Institute publishes the ADP Small Business Report regardless of the ADP National Employment Report. The ADP Small Business Report provides detailed private sector employment data specific to firms with 49 or fewer employees.




Widely distributed to the public each month, free of charge, the ADP National Employment Report and ADP Small Business Report are derived from ADP payroll data representing 460,000 US customers and nearly 26 million workers, and are published by the ADP Research Institute in conjunction with Moody’s Analytics.




The ADP National Franchise Report measures monthly changes in franchise employment. The paired sample used to develop the ADP National Franchise Report is derived from ADP payroll data, which represents 15,000 franchisors and franchisees employing nearly one million workers in the United States.



WHEN:

Thursday, June 2, 2022, 8:15 a.m. ET


Media conference call to follow at 8:30 a.m. ET:
Following the release of the ADP National Employment Report, ADP Chief Economist, Nela Richardson will provide the context of the employment data and answer questions from the media during the conference call.




Journalists are invited to access the call by dialing: 1-800-675-6207


NOTE: This is an operator-assisted conference call number and there is no password obligatory.



About the ADP® National Employment Report:

The ADP National Employment Report® is a monthly measure of the change in total non-farm private employment in the United States, derived from actual, anonymous payroll data from client companies served by ADP®, one of the leading providers human capital management solutions. The report, which measures nearly 26 million American workers, is produced by the ADP Research Institute®, a specialist group within the company that provides information on employment trends and workforce strategy. work, in collaboration with Moody’s Analytics, Inc.

Each month, ADP Research Institute releases the ADP National Employment Report as part of the company’s commitment to deepen its knowledge of the U.S. labor market and provide businesses, governments and other others a credible and valuable source of information. The ADP National Employment Report is widely distributed to the public each month, free of charge.

The data in this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the United States Bureau of Labor Statistics to calculate the employment from its monthly establishment survey. . Because of this treatment, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes calculated for ADP’s National Employment Report are not representative of changes in ADP’s total base of US business clients.

For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.

About the ADP Research Institute:

The mission of the ADP Research Institute is to generate findings based on data on the world of work and to derive reliable economic indicators. We offer these discoveries to the world as our unique contribution to making the world of work better and more productive, and to raising awareness in the economy as a whole.

Designing better ways to work through cutting-edge products, premium services, and exceptional experiences that empower people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com

ADP, the ADP logo, Always Designing for People, ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report and ADP Research Institute are registered trademarks of ADP, Inc. All other marks are the property of their respective owners .

Copyright © 2022 ADP, Inc. All rights reserved.

ADP Media

SOURCEADP, Inc.