“Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (‘Stanford Lab’). The ADP National Employment Report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States.”
“ADP’s Pay Insights captures over 15 million individual pay change observations each month. Together, the jobs report and pay insights use ADP’s fine-grained data to provide a representative and high frequency picture of the private-sector labor market,” says ADP’s monthly jobs report press release, which will have to do if the Bureau of Labor Statistics has been mothballed.