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US ADP NonFarm Employment
US ADP NonFarm Employment comes out at 08:15 am New York Time on the first Wednesday of every month.
ADP stands for Automated Data Processing. What they do is get employment report of approximately 500,000 businesses in the United States. They compare the number of employees in all of these businesses to the number of previous month, and they post a difference. If the number is negative, it means that people lost jobs. If the number is positive, it means that more peo…