Private sector employment increased by 152,000 jobs in May and annual pay was up 5.0 percent year-over-year, according to the May ADP® National Employment ReportTM produced by the ADP Research Institute® in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees.
The post-pandemic era of work is being shaped by technological advances, economic forces, and shifting demographics. Building on survey responses from nearly 35,000 workers in 18 countries, the ADP Research Institute's fourth annual "People at Work 2024: A Global Workforce View" captures how worker expectations are changing.
ADP (ADP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.