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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.
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 ...
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Automatic Data Processing, Inc (NASDAQ:ADP) reported fiscal third-quarter 2024 revenues of $5.25 billion, beating the analyst consensus of $5.23 billion. Revenues increased 7% Y/Y. The company ...
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,...
It’s another busy day ahead on the economic calendar. Expect service and composite PMIs from the Eurozone and the U.S, and U.S labor market stats to be key.
The figure released is the change in nonfarm payrolls (NFP), compared to the previous month, and is usually between +10,000 and +250,000 during non-recessional times. That number is meant to represent the number of jobs added or lost in the economy over the last month, not including jobs relating to the farming industry.
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