ADP
Automatic Data Processing Inc
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Jobs report smashes expectations with payroll growth of 172,000
ADP Payrolls Drop: Will Wage Growth Hold or Signal Labor Market Cooling?
$MVST DD: US battery company carving out assets, acting real suspicious
ADP: US private payrolls +62K vs +39K est in March. 58K of 62K in education and health services
ADP: US private payrolls +62K vs +39K est in March. 58K of 62K in education and health services
Private sector hiring totaled 62,000 in March, better than expected, ADP says
I dug into the filings for 5 "boring" companies and now I think boring is underpriced
ADP: Private employers added 63,000 jobs last in February, the best monthly showing since July
Week Recap: Dow closed above 50,000 for the first time ever. The S&P 500 lost 0.10%. Is the rally starting? Feb. 2, 2026 – Feb. 6, 2026
ADP Payrolls just hit 22k vs 48k expected. Labor market is definitely cooling.
Private payroll growth in January misses expectations as market awaits official jobs data
Why have Software - Applications stocks been in free fall for many months? ADBE SAP CRM UBER SHOP INTU NOW ADP SNOW ADSK
Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
Longterm investing is over and no one wants value
ADP: Automatic Data Processing Q2 Earnings Call - Live Transcript on WallStreetBets
Any brokerage recommendations for transfering a penny stock to?
Week Recap: The S&P 500 gained more than 1.5% after Trump's venezuela move and closed all-time high. Precious metals also gained. The labor market continues to signaling. Jan. 5, 2026 – Jan. 9, 2026
The November ADP Jobs report is worse than you think, and a sign of what's to come
Week Recap: The Fed cuts interest rates by 0.25%. Chip stocks dragged down the Nasdaq. The S&P 500 broke 2-week winning streak. Dec. 8, 2025 – Dec. 12, 2025
Crucial Fed decision looms as stocks fly high near records: What to watch this week
Week Recap: Bank of Japan signals 25 interest rate hike. The Fed will probably by 25 rate cut next week. Neutral week completed. It still finished higher. Dec. 1, 2025 – Dec. 5, 2025
ADP data shows sharp slowdown in the U.S. labor market as small businesses struggle
ADP data shows sharp slowdown in the U.S. labor market as small businesses struggle
November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
Futures inch up as markets price in higher odds of a December Fed rate cut
Asian stocks edge up, Japan bond auction in focus
US Mortgage Market Stays Frozen as Rates Hold Steady Buyers Only Moving for Cheaper Loans
U.S. labor market showing more cracks ADP says layoffs rising sharply
Private payroll losses accelerated in the past four weeks, ADP reports
MTG resigning, but not before betting ADP & PAYX
Asian markets make tepid gains as US shutdown set to end
Wake me up when the Shutdown ends
Fed Faces a Gamble Ahead of Next Interest Rate Decision (my analysis of the current situation)
Week Recap: The government is still closed. The stock market showed cornerns about AI bubble and the S&P 500 broke 3-week winning streak. It closed the week lower more than 1.5%. Nov. 3, 2025 – Nov. 8, 2025
OSCR earnings as an example of future rug pulls
US government shutdown now officially the longest in history
AI Revolution Prompts Most October US Layoffs in Over 20 Years
US private payrolls rebound in October, but some industries continue to shed jobs
Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows
BYND holders: email IR to request an OBO/NOBO audit + holder reconciliation (template inside)
The Wall Street Journal: "Fed Lost Access to Private Jobs Data [from ADP] Ahead of Government Shutdown"
Powell: Economy’s firmer, but labor’s stalling what does that mean for rate cuts?
$LDI $50k YOLO. Don't sleep on this multibagger, last week to load up
Analysis of current market and overview of the bear thesis
No jobs report? ADP just lit a fuse
ADP September jobs survey sees decline of 32,000, missing expected 44,000 gain.
Stock Market Today: Dow set to fall 150 points, S&P 500 and Nasdaq also called lower, as U.S. government enters shutdown and ADP reports jobs decline
ADP employment change way below expectations -32k vs 52k
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
ADP US Sept. Private Employment Falls 32,000, Est. +51k
Alternative Economic Data Poised to Gain Influence in Year Ahead
I'm done. Going to listen to Warren now
Week Recap: The stock market closed higher. Labor market grow slow. A rate cut is almost certain, but recession concerns are rising. September 1, 2025 – September 5, 2025
Weak US Payroll Growth of 22,000 Cements Case for Fed Rate Cut
Cooling labor market vs expanding services, mixed signals before the jobs report
Market just doesn’t make sense at this point.
Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says
Jobs Data Week: Will the Fed Deliver Cuts or Kill the Rally?
Massive RKT rocket mortgage development
Since BLS Reports are about to lose relevance/credibility what other reports are you watching? ADP maybe?
Since BLS Reports are about to loose relevance/credibility what other reports are you watching? ADP May be?
ADP reported US added 104k jobs in July. Does this align with reality?
Work requirements may distort job numbers and delay recession signals or cause overreaction
(07/2) Interesting Stocks Today - Healthcare Hellscapes
(07/2) Interesting Stocks Today - Healthcare Hellscapes
The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
Is ADP -33k employment change mean we are ready for rate cuts
The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
Very weak ADP June Private Employment data
What to Expect in the Markets: June 30 – July 3, 2025
Mentions
is ADP down for anyone else right now
Corrections happen, no disagreement there. There was a strong argument to be made about specific companies being overvalued, especially considering capex spending and the circular nature of the AI investment cycle. The Yen spiking to 160 doesn't "happen all the time" though. Besides 2024 and now, you'd have to go back to pre-1990 to see the Yen at the same level or higher. In other words, an entirely different era and economy. My argument is that the current narrative about inflation, US interest rates, and the jobs number, isn't the main driver of this. The big banks and other institutions have likely adjusted their models since the start of the war. ADP was also a precursor to the NFP numbers coming in higher than expected, so it wasn't really a "surprise". What likely wasn't in the models was an immediate spike in the Yen to a level that caused a reaction from Japanese officials in 2024. There's much public information about the magnitude of the carry trade, but it's not small. Right now, conservative estimates point to at least $250b in yen denominated debt by US institutions. In 2024, a lot of the discussion about the carry trade pointed to it primarily landing in tech investments. I don't think it's coincidence that when the Yen spiked on Friday, most of the market sold off with above average volume; treasuries, gold, silver, oil, all major indexes, etc.
ADP pulls data from a greater source and doesnt include government jobs. I dont trust Trumps lackeys at BLS, and I dont care if a significant amount of government jobs were created.
ADP only covers about 20% of all private sector employees. You wouldn’t ever expect their number to be similar to BLS’s.
Right but revisions happen all the time and ADP reported only 122k jobs. Also, 172k jobs isnt a great number and 122k obviously isnt either.
Yes, because ADP shows a similar bump: https://www.cnbc.com/amp/2026/06/03/adp-jobs-report-may-2026-payrolls-increase-by-122000.html
It's consistent with Jolts and ADP so maybe the number is inflated, but the general trend might be correct.
Ok I see, but also ADP is on friday, if early derisking happens overnight, what could schwab even do here to this account, they could just put your accoutn to 0 or negative can they?
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Is this because of the ADP numbers or does the market care about the attacks that happened last night?
ADP - Private sector employment increased by 122,000 jobs in May and pay was up 4.4 percent year-over-year
US ADP Employment Change Actual 122k (Forecast 120k, Previous 109k, Revised 105K) 08:15 Jun 03 this is from jolts yesterday right? that 815 red candle . i don't see how they revise the numbers, like what did they have now they didn't have yesterday
ADP circuit breaker sorry bull
My company is owned by PE and missed payday, they blamed ADP am I fucked? lmao
Can you give a specific example system? When i think of ERPs serving as data sources I think of SAP, ORACLE, SAGE, and then downstream is something like Workday, Salesforce, ADP.
looks like a lot of overlap in your index funds one benefit of having a bit of everything is that it will increase your learning rate cut your losses add ADP
lol to all of you who keep trying to use ADP or BLS data; it’s astrology. Compute is all that matters
1. If you still have a decent job, you are probably doing well. ADP reports the median pay increase for "job stayers" is 4.4% and 6.6% for "job changers". This exceeds the Annual inflation rate of 3.3%. 2. The stock market has skyrocketed the past decade, especially the past 3 years. So retirees likely have a lot more money to work with.
If you are only looking at one point, probably. Taken with previous month’s data, the ADP report, other economic data, you can get an idea of what is happening across the economy.
ADP be pumping out that payroll with the 1,000,000. Will double after the revision because this market is fucking weird
Based on the ADP report which is fairly reliable I'd expect this to come in at 120k-155k.
ADP employment missed again @ 8:15
This fucker caused me so much extra work when he tried a hostile takeover of ADP a few years back. Guy had the right idea but he's such a fucking prick of an activist investor. Get fucked Bill
Really wish I went hard on this stock instead of lulu. My friend works in accounting at ADP. He told me they were gonna beat. It was hard fishing for liquidity in the overnight session. I didn’t know my buddy was telling me the truth tho so don’t think I’m taking advantage https://preview.redd.it/ouhnp3yek6yg1.jpeg?width=1290&format=pjpg&auto=webp&s=f098a0fd1dcf2d199392015acd923fb4802e35b5
On top of FOMC decision AND GDP/ADP numbers tomorrow . Lots of catalysts in the next 24 hours on top of mangos war bullshit.
All Birds says they’re moving to AI: Up 130% ADP beats expectations and records profits, says they’re using AI: ehh Rough year for SaaS companies
Sounds like someone failed ADP/ACP testing…butthurt founder who didn’t understand how 401ks work and set it up poorly 😒
The Founder does not understand the laws around 401ks Highly Compensated Employees (HCEs) are defined by the IRS as employees owning >5% of a company or earning over $160,000 (2025/2026). To prevent plans from favoring high-earners, the IRS requires annual nondiscrimination testing (ADP/ACP tests). If HCE contributions are disproportionately high, they may be capped, refunded, or subject to mandatory plan changes to remain compliant.
I have partially exited cash gang just now but am holding more than half back. Probably will cash out again in a few weeks. $6k on PATH. Shares not options. 3k each on ADP, CXM, FRSH, G, PATH, PAYC, PCTY, PEGA, TEAM, CHTR, CMCSA. Mostly modestly-sized SaaS companies with a couple oversold telecom companies thrown in.
VM any opinions about ADP? Revenue/profit keeps growing
Yet the hedge funds are fucking up individual retail investors lives shorting indiscriminately off the back of this narrative they’ve invented. INTU, NOW, ADP, TEAM, and so many others have been trashed. I have lost 2/3 of what I had invested in ACN (IT Services, similar story) because of them. I hope they burn in hell, they’ve ruined my life
Added to ADP. I guess I’m a dividend investor now. For growth, I want more Uber. Would like to see it hit mid 60s.
Hey Y’all, what’s your current opinion on VYM, Kimberly Clark and ADP? Did quite a bit of reading and they seem like great options. They will go in the brokerages, but are their prices too high? I’m thinking to just jump in and lump it. Thanks!
>So the numbers are typically worse than initially reported in the Trump administration Do you even know what the mean *absolute* revision is? Jesus fucking christ, how are you on a stocks sub? If you want the *directionality*, the mean revision (not mean ABSOLUTE revision) was negative in 2025, 2024, 2023, 2022, 2020, 2017, 2016, 2015, of those years above. So unless you're also willing to extend the exact same critique to Biden in particular, then your argument is shit. >and often don't match what private firms like ADP report. This is fucking hilarious for you to bring up if you care about February's data so much. The BLS currently estimates that the private sector **lost** 86k jobs in February. [See here from the Emp Sit report.](https://imgur.com/a/GZM4OQQ) Meanwhile, ADP currently estimates that the private sector **gained** 66k jobs in February. [See here from their report.](https://imgur.com/a/gmyE5Yp) So do you trust ADP or not? ADP had a positive report in February, but *you* seem to want to take the BLS' February figures over the ADP ones. You can't just pick and choose whichever number is worse when you feel like it. >You sure said a lot of words just to agree with me Not only did I not agree with you **once**, but you **STILL** haven't provided a single example of a month that was advertised to crush expectations but then revised heavily downwards. Why are you here? You are absolutely economically illiterate and clearly do not read the reports this thread is about.
Complete bullshit from someone who has been looking for a full time gig for 2 years almost. Every company is laying off thousands and yet no one is hiring. We need the ADP numbers to come out and say it’s all bullshit
ADP reported private sector growth in February, while BLS reported that it shrunk. So it goes both ways.
ADP doesn't include public sector jobs.
Why is ADP reporting 60k? https://adpemploymentreport.com/
Do you trust ADP's February estimate over the BLS' February estimate?
The March 2026 ADP National Employment Report, released on April 1, shows that private sector employment increased by 62,000 jobs. This surpassed the consensus forecast of 40,000, although the growth was highly concentrated in specific industries.
Why would anyone believe their numbers at this point? Trump made clear that bad numbers get you fired. We are flying blind here until private data providers fill the vacuum. ADP helps but not enough.
Lies, they fired the last person to report numbers he didn't like. Wait until they are revised and ADP etc publish real data.
Yet the ADP said 62K. Fake news.
lol ADP says we’re losing jobs but the administration comes out and says we have an unexpected gain… yeahhhhh sure Jan
Jesus and lagomorph leverage aside, don't forget the jobs report comes out tomorrow, and ADP says gains already. Trump can't refuse a toll through the strait. He has no way of stopping it. He can continue airstrikes on Iran, but if Iran says ships that pay can pass, then ships *will* pass. What's Trump gonna do about it? The US is not gonna halt the flow of oil by force. As far as "personal humiliation" goes; he has the attention span of an autistic goldfish, and is surrounded by sycophants. Somebody will hand him a cue card that says this is the biggliest win in the region in decades, we've totally obliterated the nuclear program again, and we're entering a golden age for America because of his courageous actions. Problem solved. I'm generally bearish, but I think tomorrow will be an up day. Monday though; who knows?
Jobs report should be good based on the ADP blowout. And Markets should absolutely crash because of it. Stable employment. Energy inflation on top of 15% Tariff Inflation. 🥭 still in charge. RATE HIKE BABY LFG!!!
ADP report out April 5 Trade balance April 6 GSCPI report out April 8 GDP 3rd revision April 10 CPI index report on April 12 Layer that over the massive wae in Iran and the fact g Hat IRGC just seized all of Iran's government operations (Trump is effectively negotiating with a nobody in that context) Youre one oil tanker in the red sea away from being right back in it.
The retail sales number covered February so before the Iran attack started and is not conducted by the BLS. The jobs numbers that came out today is an ADP jobs number a private company, not the BLS. Corruption/Fraud is a bold claim and I would hope that you would have more justification than I don’t like the headline numbers. I hope for argument sake we can assume that ADP is not corrupted by the government. For retail sales the number came in at +0.6%. The Fed’s mandate isn’t make sure the consumer spends money so if you are trying to lie about Retail Sales to get the fed to cut rates it would need to be a big difference. Looking at anecdotal numbers retail sales were up 3.7% Y/Y, some big changes were sporting good stores up 11.3% Feb 25-Feb 26. In a similar period Jan 25-Jan 26 Dick’s revenue was up 60%, Academy Sports’s revenue was up 2.5%. Motor Vehicle and parts dealers are up 4% Y/Y, Autozone’s revenue is up 8% Y/Y and Advanced Auto’s revenue is down 1.2%. The numbers aren’t perfect because these are anecdotal examples but the numbers don’t look unreasonable that I would suspect Fraud.
Employers face fines and penalties for late fillings. ADP will often file on time and amend reports later, avoiding penalties for their clients and workload for ADP.
150k-200k is needed for a growing economy. In March 2025, 147k jobs were added from the same ADP report.
Does ADP do revisions? Why would they need to? They don’t need to sample the data, they have all the payroll data.
PLOT TWIST: ADP classifies OF as health services, so you'd already be in the right place.
March ADP Private Payrolls 62K, Exp. 40K, Last 66K Retail sales 0.6%, Exp. 0.5% Retail sales ex auto 0.5%, Exp. 0.3% Control Group 0.5%, Exp. 0.3%
ADP coming in hot with a solid April Fools joke
ADP jobs numbers above expectations. Astounding.
ADP Nonfarm Employment Change (Mar) 62K vs 41K EST
ADP report tomorrow followed by NFP on Friday should be interesting. Guessing the numbers will be cooked? Shit job numbers + rocketing inflation is probably a big no go for this administration.
ADP report tomorrow followed by NFP on Friday should be interesting. Guessing the numbers will be cooked? Shit job numbers + rocketing inflation is probably a big no go for this administration.
ADP jobs report will make your April's fool day extra spicy bulls
Tomorrow we have ADP jobs report trade according to 🥭's economy
ADP report tomorrow. Yeah I’m holding puts for sure
We still have this week: JOLTS ADP PMI ISM And Unemployment. Could be -5% week
**Week of 3/30 Market News and Data** **Hello WSB members, this upcoming week is crowded with crucial labor data reports, also some interesting earnings reports too! ** **Monday 3/30:** - Fed Chair Powell Speaks **Tuesday 3/31:** - Chicago PMI (Mar) - CB Consumer Confidence (Mar) - JOLTS Job Openings (Feb) **Wednesday 4/1:** - ADP Nonfarm Employment Change (Mar) - Retail Sales (MoM) (Feb) - Core Retail Sales (MoM) (Feb) - S&P Global Manufacturing PMI (Mar) - ISM Manufacturing PMI (Mar) - ISM Manufacturing Prices (Mar) - Crude Oil Inventories **Thursday 4/2:** - Initial Jobless Claims **Friday 4/3:** - Average Hourly Earnings (MoM) (Mar) - Nonfarm Payrolls (Mar) - Unemployment Rate (Mar) - S&P Global Services PMI (Mar) ***(Note: US Markets Closed for Good Friday)*** **Have a great week WSBers**
**Week of 3/30 Market News and Data** **Hello WSB members, this upcoming week is crowded with crucial labor data reports, also some interesting earnings reports too!** **Monday 3/30:** - Fed Chair Powell Speaks **Tuesday 3/31:** - Chicago PMI (Mar) - CB Consumer Confidence (Mar) - JOLTS Job Openings (Feb) **Wednesday 4/1:** - ADP Nonfarm Employment Change (Mar) - Retail Sales (MoM) (Feb) - Core Retail Sales (MoM) (Feb) - S&P Global Manufacturing PMI (Mar) - ISM Manufacturing PMI (Mar) - ISM Manufacturing Prices (Mar) - Crude Oil Inventories **Thursday 4/2:** - Initial Jobless Claims **Friday 4/3:** - Average Hourly Earnings (MoM) (Mar) - Nonfarm Payrolls (Mar) - Unemployment Rate (Mar) - S&P Global Services PMI (Mar) ***(Note: US Markets Closed for Good Friday)*** **Have a great week WSBers**
They are reported every month by ADP and frequently show how much the government is lying about jobs numbers. They won’t ever release Octobers numbers
> There's little evidence of 1. People have been saying there's a lag for years now. Private payroll data does not show that. ADP has been showing payroll declines for several months now.
I bought ADP calls as a helium play recommended by another WSB retard, but the more facilities get taken out the more it goes down.
US ADP Wkly Employment Change Actual 9k (Previous 15.5k, Revised 14.75k)
Why do some commenters here want a crash so bad. We've had three crashes and one correction in six years + multiple sector crashes. Buy CRM, MSFT, ADP, AXP, and BX if you want a crash. HD was in a crash briefly yesterday too If you can find reasons why you don't want to buy those right now, then you don't truly want a crash because you will find excuses not to buy good companies raking in cash when it actually happens
I believe you more than I trust ADP.
ADP glitching hard today. The app, not the stock
Market taking taco for face value on iran is the same kind of denial as the guys who think the bartender being nice to them means she likes them. Meanwhile force makers popping up left and right, the war rages on, and credit market is silently freaking the fuck out. Credit spreads are absolutely tearing, and the st Louis fed financial stress index is showing signs of concern. Weekly ADP tomorrow morning, sleep tight bols. And another note, the 6700 puts were monetized and rolled, meaning the 6700 support is now diminished and market can move through it without resistance.
ADP result is gonna be shit
And alot of the "buy now at any price" crowd hasn't lose $5K, $10K in a week, right after investing. It is literally burning money. There is no reason to rush into stuff either. Look what would've happened if you rushed into consumer staples last year. You'd have lost 15%. If you went into CRM or MSFT or ADP two months ago, you'd be down 20%, etc.
ADP payroll processing, IDXX veterinary diagnostics and Sealed Air Corp - is this the Fundsmith company Slack?
ADP is literally the first to be replaced with AI
Also ADP's data which is generally considered pretty reliable as far as private sector goes advised the January numbers were over-inflated by 100k+ jobs, in reality only < 12k jobs were added, and Dec was revised to be -17k jobs by the BLS so basically... since Trump has taken office, the only industries that have been hiring are construction (AI Data center builds and that bubble is popping right now), and health care (and that will start backsliding as soon as the the gov't stops funding fully), remember we just cut $46 Billion from the Medicare budget and that goes up year over year til 2034, a cut of about 5% this year
ADP will be made extinct by AI and Waste Management margins will be nil with the increased fuel charges.
We use ADP for payroll and I hate it with such a passion I’m not sure I could stomach holding it as a stock. Although maybe if I was making money off of it I’d warm to it a little more.
It’s weird how cheap ADP is right now. I don’t buy individual stocks, but it’s down 30% yoy and it’s beating all of its targets consistently. To think AI is going to tank them seems odd. Mistakes in payroll and benefits hurt… not sure who is trusting AI with all that without established tools.
never look at ADP's number
ADP back adjusts their data because it’s so bad to BLS.
Trying to follow employment data is such a rollercoaster. A couple days go, ADP released a report that made it seem like job numbers were up in February. Now we are learning that there were almost 100k job losses. Anecdotally, it's easy to see the employment situation is not good, but the conflicting narratives are still annoying
I don’t think they do. The ADP just tracks job creation statistics, it doesn’t predict anything it’s just another data point. Why were the economists wrong? Well largely because job creation numbers have been pretty solid for the last year or so so it was expected to continue. There’s a lot of debate and no good explanation for why everyone has felt so bad about the economy for the last 4 years in spite of the data being largely good. There’s average joe is picking up something about the economy they don’t like but we don’t know exactly what it is.
Why is it the average Joe has a better feel for the direction of the economy than the ADP (whoever that is) and the economists? As stated below, normal people expected this
shot in the dark, but has anyone ever found where ADP report revisions are? I've given up. Maybe I can't google. Should not be this hard to dig out information in the age of AI
I was award a couple hundred shares of ADP as a sales executive that I still own since 1999.
Damn and a few days ago ADP was reporting the highest increase in jobs. Wonder if that'll be revised down now? Data seems unreliable these days
I work at ADP and have access to a 30 million employee data set. Next 12 months will be very interesting.
BS! Private sector payroll employment rose by 63,000 in February 2026, according to ADP's national employment report, marking a strong rebound from a revised 11,000 gain in January and exceeding economists' forecast of 43,000. This was the strongest private sector hiring in seven months.
Illegal workers probably don't get reported to ADP lol
Isn't this data from ADP? The largest payroll processing company in the US? Why would they need government numbers when they can just look at their own reports?
The ADP report had us adding 63,000 jobs and economists predicted about the same. This was definitely unexpected.