ADP says it will pause its private-sector employment report as it retools survey

6/30/2022 1:20:00 PM

ADP says it won't issue next jobs report as it overhauls survey

ADP says it won't issue next jobs report as it overhauls survey

ADP said it's going to halt the release of its private-sector employment report as it retools the report to make it 'a more robust, high-frequency view of...

ADP said it's going to halt the release of its private-sector employment report as it retools the report to make it"a more robust, high-frequency view of the labor market and trajectory of economic growth.By June 28, 2022, 12:11 PM 3:32 FILE - This Feb.Jan Murphy | jmurphy@pennlive.Some advocates say having a sanctioned campsite is long needed, and they hope the option can extend longer than the 14 days that officials promised campers.

" The report has been criticized for not being a good predictor of what the Labor Department reports in its employment report that is typically issued two days after the ADP survey.ADP says it's targeted August 31, 2022 to reintroduce the new ADP National Employment Report and said it will work with the Stanford Digital Economy Lab on the project...And Lord knows in this quirky year, there’s plenty of money to grease the skids.

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Interesting timing, just as layoffs and job postings are tanking.

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