ADP report (US private employment)

The ADP report (ADP National Employment Report) estimates the monthly change in US private employment, using the anonymized payroll data that ADP, a payroll provider, processes for more than 26 million employees. It is usually published on the Wednesday before the NFP, at 8:15 a.m. New York time, which is 2:15 p.m. in Paris most of the year. Since 2022, its methodology, overhauled with the Stanford Digital Economy Lab, has made it an independent measure that no longer tries to anticipate the official number. Over the long run, the two series move in the same direction, but from one month to the next the gap can reach several hundred thousand jobs: ADP excludes the public sector, and its method differs. The report also tracks pay increases for people who stay in their jobs and for those who change jobs. Since October 2025, ADP has published a preliminary estimate, a four-week moving average, on Tuesdays outside the week of the monthly report. Upcoming releases: the economic calendar.