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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
The ADP report showing private payroll growth of 188,000 in April overshot the BLS count of 167,000. Wall Street economists expect nonfarm payrolls to have expanded by 190,000 in May after growing ...
ADP reported wage growth moderated for job changers for the second month to 7.8% year-over-year, and pay increases for those remaining in their current job was unchanged for a third straight month ...
On Wednesday, the ADP Employment Report revealed U.S. private firms created 152,000 jobs in May, down from April’s 188,000 and missing the expected 192,000, according to Econoday.
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