ADP Research Institute (ADPRI) and the Stanford Digital Economy Lab (the “Lab”) announced they will retool the ADP National Employment Report (NER) methodology to provide a more robust, high-frequency view of the labor market and trajectory of economic growth. In preparation for the changeover to the new report and methodology, ADPRI will pause issuing the current report and has targeted August 31, 2022, to reintroduce the ADP National Employment Report in collaboration with the Stanford Digital Economy Lab (the “Lab”). We look forward to providing an even more comprehensive labor market analysis and will be in touch with additional details closer to the re-launch, later this summer. For more information on this announcement, please visit here.
FEATURED POST
August 15, 2022
Inflation-Tag team
Main Street received good news last week. Not only did we see a slight cool-down to our national summer heat wave, we learned that inflation dipped, to 8.5 percent over the last 12 months ending in July from 9.1 percent for the same period in June.
What the Past Won’t Tell Us About the Pandemic “Recession”
Early on, it has become clear that the magnitude and speed of job loss are greater than any recession we’ve experienced in modern U.S. history. The million-dollar question on most people's minds is how much of this job loss will come back?
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