MoM Change in ADP Employment Report in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The month-on-month ADP Employment Report reflects the change in the number of employees in the private sector of the United States compared to the previous month. This data is released monthly by Automatic Data Processing, Inc. (ADP) and is crucial for evaluating the health of the US labor market.
Month-on-month data helps in understanding short-term fluctuations in the labor market. An increase in the number of employees indicates economic expansion, reflecting active hiring activities among businesses. Conversely, a decrease in the number of employees suggests potential economic stagnation, indicating a decline in hiring activities among businesses.
This data serves as a reference for policymakers to assess trends in the labor market and formulate appropriate labor market and economic policies. It is also an important information source for businesses and investors to gauge trends in the labor market and assess economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
