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In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [11] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
Private payrolls increased by 99,000 jobs last month, the smallest gain since January 2021, after rising by a downwardly revised 111,000 in July, the ADP National Employment Report showed on Thursday.
The monthly jobs report is composed of two surveys: one of non-farm businesses and entities about employment, hours, and earnings; and the other of households to obtain the labor force status of ...
ADP chief economist Nela Richardson offered a similar opinion, referencing her own firm's data in a call with reporters on Wednesday. "It's taking longer to find a job," Richardson said.
According to research from the Federal Reserve Economic Data (more specifically, provided by the Bureau of Labor Statistics), health care has now surpassed both manufacturing and retail as the engine for employment growth in the coming decades. There were approximately 16 million people employed in the health care sector in 2017.
A professional employer organisation (PEO) is an outsourcing firm that provides services to small and medium-sized businesses (SMBs). Typically, the PEO offering may include human resource consulting, safety and risk mitigation services, payroll processing, employer payroll tax filing, workers' compensation insurance, health benefits, employers' practice and liability insurance (EPLI ...