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ADP National Employment Report Celebrates 10 Years

ADP National Employment Report Celebrates 10 Years

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 has taken 10 years for the labor market to attain full employment again. For the last five years, average monthly job growth has been just about 200K. There’s evidence that wage growth is picking up, consistent with the idea that we’re getting pretty close to full employment. 2016 marks the 10th anniversary of the launch of the ADP National Employment Report®, an essential tool measuring the monthly change in U.S. nonfarm private employment which is distributed free to the public. Since its inception in 2006, the NER has informed the conversation around the economy, become a critical 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....

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Spark: Igniting the power of people

Spark: Igniting the power of people

We are very excited to introduce Spark, a new thought leadership blog designed to help current and future HR leaders be successful today, and in the future. Spark is your go-to source for workforce management news, stories and tips. Spark covers topics such as: Change: Rarely do things ever stay the same. Adapting to market drivers, organizational restructuring due to mergers and acquisitions and strategies for best aligning your resources for success are just a sample of the topics covered within ‘Change.’ Risk: Whether it’s financial or reputational risk you’re thinking about, education is key when it comes to devising strategies to minimize exposure.   Sample topics within ‘Risk’ include the Affordable Care Act (ACA), wage and hour regulations and data security. People Management: Depending on the day, you may be hyper-focused on recruiting best practices, engagement or retention. At the heart of it all is employee experience.  What you’ll find within ‘People Management’ are insights on benefits strategies, managing your talent and more. Trends: This is where you’ll find stories about the...

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