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ADP Employment Change

Name: ADP Employment Change
Creator: TipRanks

The ADP Employment Change report is a monthly economic indicator that measures the change in non-farm private sector employment in the United States. It is considered a precursor to the official government employment report, providing insights into labor market trends. This report is important for the economy and financial markets as it helps gauge economic health and can influence monetary policy decisions. Typically, a strong ADP report can boost investor confidence, leading to positive movements in stock markets, while a weak report may cause concerns about economic slowdown.