"We are pleased the ADP National Employment Report has established itself as a valued data point," said Gary Butler, President and Chief Operating Officer, CEO-elect of Automatic Data Processing, Inc. "The ADP Report has become an important resource that should be considered when assessing the national employment situation."
"Total nonfarm private employment grew 107,000 from July to August on a seasonally adjusted basis, according to the ADP National Employment Report," said Joel Prakken, Chairman of Macroeconomic Advisers, LLC. "These findings indicate that establishment employment continued to grow sluggishly in August."
Interpreting the Report
Providing real-time information about employment in the United States, the ADP National Employment Report is an additional assessment of American business and economic conditions. Findings are represented as both a monthly employment level number and a change in monthly employment level number. Employment level represents the total number of private sector jobs present in the U.S. economy at a single point in time. Change in monthly employment level represents the increase or decrease in the total nonfarm private employment level since the prior month.
