Payroll giant ADP is partnering with Moody’s Analytics and Moody’s influential chief economist Mark Zandi on producing its monthly ADP National Employment Report.
ADP had previously partnered with Macroeconomic Advisers and its chairman Joel Prakken on producing the monthly reports. They have become a barometer for the jobs market in the private sector and are generally released a few days ahead of the federal government’s official job numbers from the U.S. Bureau of Labor Statistics, providing an early insight into employment trends across the country.
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