ROSELAND, N.J., April 18, 2018 /PRNewswire/ --
WHAT: ADP® will release its quarterly
Workforce Vitality Report (WVR) with deeper labor market
insights on Wednesday, April 25,
2018.
Established in October 2014, the
WVR offers an in-depth analysis of the vitality of the U.S.
labor market based on data that identifies labor market trends and
dynamics across multiple dimensions, including employment growth,
wage growth and hours worked. Importantly, the WVR also
distinguishes between job holders, job switchers and new entrants,
which is key to understanding the health of the labor market. In
addition to the macro data presented in the report, there are also
segment-specific findings by industry, state, gender, age,
experience and pay level.
The updated WVR from the ADP Research
Institute® will include all of the same segment-specific
data, but also include updates to provide improved, more granular
insights.
Enhancements to the report will include the use of monthly data,
rather than quarterly numbers, to sharpen labor market picture, the
addition of information around new entrants to the workforce and
deeper insights into seasonality and employment by firm size.
Detailed information about changes to the methodology and an
updated calendar of release dates will be available at
http://workforcereport.adp.com/ on Wednesday, April 25.
WVR data dating back to 2014, with the new methodology,
will be available.
WHEN: Wednesday, April 25,
2018
ABOUT ADP (NASDAQ: ADP):
Powerful
technology plus a human touch. Companies of all types and
sizes around the world rely on ADP cloud software and expert
insights to help unlock the potential of their people. HR. Talent.
Benefits. Payroll. Compliance. Working together to build a
better workforce. For more information, visit ADP.com.
ADP, the ADP logo, and the ADP Research Institute are
registered trademarks of ADP, LLC. All other marks are the property
of their respective owners.
Copyright © 2018 ADP, LLC. All rights reserved.
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SOURCE ADP, LLC