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Payroll Report

3 October 2018
Payroll Report
0
ADP Employment Report 

Released On 10/3/2018 8:15:00 AM For Sep, 2018
Prior Prior Revised Consensus Consensus Range Actual
ADP employment 163,000 168,000 179,000 155,000  to 215,000 230,000 

Highlights
ADP estimates that private payrolls in Friday’s employment report will rise a higher-than-expected 230,000. Forecasters pegged ADP’s estimate at 179,000 and see Friday’s private payrolls coming in at 175,000.

Consensus Outlook
Econoday’s consensus for ADP’s private payroll estimate in September is 179,000 which would compare with 163,000 for ADP’s August estimate and against 204,000 in the government’s data for August.
Definition
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.

https://us.econoday.com/byshoweventfull.asp?fid=485672&cust=us&year=2018&lid=0&prev=/byweek.asp#top
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