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The ADP numbers showed surprising strength in private payrolls, but lower wage gains for job switchers — a key labor market thermometer that dogged the inflationary 2021 and 2022 years.
Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs and lower than the prior ...
ADP's National Employment Report for August showed 99,000 jobs were added in the month, well below economists estimates for 145,000 and fewer than the 122,000 jobs added in July. The August data ...
In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
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Private sector employment increased by 247,000 jobs in April, a significant decrease from the stunning revised 479,000 increase in March, driven mostly by small businesses struggling for wages,...
Henry Taub (September 20, 1927 – March 31, 2011) [1] was an American businessman and philanthropist of Hungarian-Jewish descent who was a co-founder of ADP. Raised in Paterson, New Jersey, Taub attended Eastside High School. [2] Taub was educated at New York University. He graduated from NYU in 1947 with a degree in accounting. [3]
U.S. stocks dipped on Wednesday, as uncertainty prevailed on Wall Street after the release of two sets of jobs data and a report that said President-elect Donald Trump was mulling a national ...