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mahatmakanejeeves

(60,969 posts)
Thu Jun 30, 2022, 08:05 AM Jun 2022

New ADP National Employment Report to Launch Late Summer 2022

New ADP National Employment Report to Launch Late Summer 2022
NEWS PROVIDED BY

ADP, Inc.
Jun 30, 2022, 06:00 ET

ADP Research Institute and Stanford Digital Economy Lab to provide a more robust, high-frequency labor market analysis; pause current report in interim

ROSELAND, N.J., June 30, 2022 /PRNewswire/ -- Today, the ADP Research Institute (ADPRI) and the Stanford Digital Economy Lab (the "Lab" ) announced they will retool the ADP National Employment Report (NER) methodology to provide a more robust, high-frequency view of the labor market and trajectory of economic growth. In preparation for the changeover to the new report and methodology, ADPRI will pause issuing the current report and has targeted August 31, 2022 to reintroduce the new ADP National Employment Report.

ADPRI announced its collaboration with the Lab in April 2022, with plans to advance reporting of labor market data. Aligning with ADPRI's mission, the Lab focuses on how technologies, like AI, are affecting the workforce, business and society to help people make better decisions. Together, ADPRI and the Lab are working to deliver a stronger labor market analysis and reliable labor market indicators for the new ADP National Employment Report.

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Additional updates and announcements regarding the new ADP National Employment Report will be forthcoming, closer to the re-launch later this summer. In the meantime, for more information on ADP Research Institute, visit ADPRI.org.

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