2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

ADP Employment Report  
Released On 12/6/2017 8:15:00 AM For Nov, 2017
PriorConsensusConsensus RangeActual
ADP employment235,000 186,000 150,000  to 235,000 190,000 

A pre-hurricane total of 190,000 is ADP's call for November private payroll growth which would follow a hurricane-related upswing of 252,000 in October and 15,000 downswing in September. This fits with Econoday's consensus for Friday's November report where private payrolls are expected to rise 184,000. Demand for labor has been very strong this year though wage traction has still been limited. Note that ADP's October call is unrevised at 235,000.

Consensus Outlook
ADP made a good call back in October, looking for sharp but still limited bounce back for payrolls which were depressed by hurricanes in September. The consensus for ADP's November call is 186,000 vs ADP's October call of 235,000.

The national employment report from Automated Data Processing Inc. is computed from 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
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

powered by  [Econoday]