2016 marks the 10th anniversary of the launch of ADP’s National Employment Report
Since its inception in 2006, the NER has become a key indicator of private sector labor market activity and emerged as a reliable predictor of the government’s jobs report. Using actual, anonymous payroll information of 24 million Americans, ADP is able to draw conclusions about the workforce based on real numbers, not survey data.
Over the past decade, the U.S. labor market has undergone a variety of changes. We’ve endured a historic recession followed by nearly seven years of recovery and expansion. It’s taken 10 years for the labor market to attain full employment again – and the NER has been there to track each major shift:
This 10th anniversary comes at a crucial point in time. Will we continue to see economic expansion? How will U.S. economic growth compare with that of other countries? Which sectors will add jobs – and which will lose them? Whatever the next ten years have in store, we will be there to analyze the data and help paint the picture of U.S. economic performance.
About this report: The ADP Research Institute® used anonymous, employee-level yearly panel data from a set of employers spanning 2014 to 2016. In total, the data used for this study consisted of nearly 300 U.S.-based organizations in each year, employing roughly 700,000 employees each year. Although the set of organizations is not identical year-to-year, companies that remain ADP® clients and remain above the minimum size threshold remain in the sample, and there is great consistency year-to-year. Each organization used in this study had 800 or more employees in each year it was included. For this study, the ADP Research Institute® focused on nonunion, full-time employees.