ADP, a leading global technology company providing human capital management (HCM) solutions, has been named by FORTUNE® magazine as one of the "World's Most Admired Companies" in 2023. This marks ADP's 17th consecutive year earning recognition on the distinguished list, which highlights companies with consistently strong performance and reputations as the world continues to change.
Private sector employment increased by 106,000 jobs in January and annual pay was up 7.3 percent year-over-year, according to the January ADP® National Employment Report™ produced by the ADP Research Institute® in collaboration with the Stanford Digital Economy Lab ("Stanford Lab").
Bear markets like the one the Nasdaq Composite and the S&P 500 have been in since March and June of 2022, respectively, make for a harsh investing environment. Its scale is phenomenal, with nearly 1 million clients worldwide.