May 2020 ADP National Employment Report, ADP Small Business Report and ADP National Franchise Report® to be Released on Wednesday, June 3, 2020

WHAT: ADP Research Institute will release the May findings of the ADP National Employment Report, ADP Small Business Report and ADP National Franchise Report on Wednesday, June 3, 2020 at 8:15 a.m. ET.

Due to the important contribution that small businesses make to economic growth, ADP Research Institute issues the ADP Small Business Report independently of the ADP National Employment Report.  The ADP Small Business Report offers detailed private sector employment data that are specific to businesses with 49 or fewer employees.

Broadly distributed to the public each month, free of charge, the ADP National Employment Report and ADP Small Business Report are derived from ADP payroll data representing 460,000 U.S. clients and nearly 26 million workers, and are published by the ADP Research Institute in collaboration with Moody’s Analytics.

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The ADP National Franchise Report measures monthly changes in franchise employment.  The matched sample used to develop the ADP National Franchise Report is derived from ADP payroll data, which represents 15,000 franchisors and franchisees employing nearly one million U.S. workers.

WHEN: Wednesday, June 3, 20208:15 a.m. ET

Conference Call for Media to follow at 8:30 a.m. ET:
Following the release of the ADP National Employment Report, Moody’s Analytics Chief Economist Mark Zandi will provide context on the employment data during the conference call.

The ADP National Employment Report is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions.  The report, which measures nearly 26 million U.S. workers, is produced by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody’s Analytics, Inc.

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