"Private payrolls" refers to the number of jobs or employees working in companies that are not government-owned or funded, but instead rely on their own revenue or private investments to pay their employees. Full definition
ADP's Employment Report predicted on Thursday that strength in employment gains resumed in May, calling for a 253,000 gain in private payroll growth, but Friday's jobs report was weaker than expected. (blog.compmort.com)
The release of the ADP Employment Report on Wednesday forecasted strong private payroll growth with an estimated 216,000, which is well above consensus levels. (blog.compmort.com)
Those bracing for upbeat Labor Department non-farm payrolls, or NFP, data for March following an exceedingly strong Automatic Data Processing (NASDAQ: ADP) private payrolls report were in for a disappointment. (benzinga.com)