ADP

ADP Pulls the Plug: Fed Loses Critical Jobs Data Amidst Economic Uncertainty

In a move sending ripples through financial markets and economic policy circles, Automatic Data Processing (NASDAQ: ADP), a leading provider of human capital management solutions, has ceased providing the Federal Reserve with access to its highly valued private weekly jobs data. This decision, which became publicly known around October 22,

ADP

ADP Halts Private Payroll Data Sharing with Federal Reserve: A New Era of Uncertainty for Monetary Policy

The Federal Reserve's crucial insights into the U.S. labor market have been significantly curtailed following a recent decision by Automatic Data Processing (NASDAQ: ADP) to cease sharing its private payroll data. This abrupt halt, which reportedly occurred after August 2025, removes a vital "key payroll tracker&