2018 Economic Calendar
2019 Econoday Investor's Journal Buy Now
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

ADP Employment Report  
Released On 12/6/2018 8:15:00 AM For Nov, 2018
PriorPrior RevisedConsensusConsensus RangeActual
ADP employment227,000 225,000 175,000 161,000  to 195,000 179,000 

In as-expected results, ADP estimates that private payroll growth in Friday's employment report will moderate to 179,000. Forecasters pegged ADP's November estimate at 175,000 and see Friday's private payrolls coming in at 183,000 vs 246,000 in October.

Consensus Outlook
Econoday's consensus for ADP's private payroll estimate in November is 175,000 which would compare with 227,000 for ADP's October estimate and against 246,000 in the government's data for October.

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 ADP employment report, which is based on actual payroll data processed by ADP, is released before the government's employment report and is aimed at improving payroll forecasts.
Data Source: Haver Analytics

2018 Release Schedule
Released On: 1/41/313/74/45/25/307/58/19/610/310/3112/6
Release For: DecJanFebMarAprMayJunJulAugSepOctNov

powered by  [Econoday]