INSTITUTIONS AND OTHER BACKGROUND INFORMATION
About the ADP Research Institue
The ADP Research Institute is the global thought leader in labor market and employee performance research. It generates data-driven discoveries about the world of work and derives reliable economic indicators from these insights. The ADP releases monthly surveys on private job creation, not only for the US, although the US survey is the one market participants pay more attention to, as it is released monthly, a couple of days before the official Nonfarm Payroll report. Market participants use it as an anticipated sign of the country’s employment sector, despite the correlation between the ADP and the NFP has proved to be erratic.