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The ADP National Employment Report® is a measure of nonfarm private employment, based on a subset of aggregated and anonymous payroll data that represents approximately 399,000 of ADP's 500,000 U.S. business clients and roughly 24 million employees working in all 19 of the major North American Industrial Classification (NAICS) private industrial sectors. The ADP National Employment Report was developed to help meet the need for additional timely and accurate estimates of short-term movements in the national labor market among economists, financial professionals, and government policy-makers. Because ADP pays 1-in-6 private sector employees in the United States every pay period across a broad range of industries, firm sizes, and geographies, it has a unique and significant perspective on the U.S. labor market.
Click here for the ADP National Employment Report 2008 release schedule.
Next Month's Report - The September 2008
ADP National Employment Report will be available on this site at 8:15AM ET on Wednesday, October 1, 2008.
The ADP National Employment Report
August, 2008
Nonfarm private employment decreased 33,000 from July to August 2008 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change in employment from June to July was revised down from an increase of 9,000 to an increase of 1,000.
The decline in August continues the recent trend in employment that is consistent with an economy that is growing slowly but has not fallen into recession.
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