The ADP Small Business ReportSM, a subset of the ADP National Employment Report, is a measure of nonfarm private employment, derived from 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. The ADP Small Business ReportAugust, 2008 Due to the important contribution small businesses make to economic growth, employment data that is specific to businesses with fewer than 50 employees will be reported in the ADP Small Business ReportSM each month. The ADP Small Business Report is a subset of the ADP National Employment Report.
Private employment among small businesses increased by 20,000 in August, according to the ADP Small Business Report released today.
Click here for the ADP Small Business Report 2008 release schedule. |
|||||||||||||||||||
| |||||||||||||||||||