Automatic Data Processing, Inc.

Fed is open to altering bond policy

2013-05-01 18:45:00

WASHINGTON — Federal Reserve policymakers signaled for the first time that they could "increase or reduce" their controversial efforts to stimulate the economy in the future, but for now they're holding pat. After a two-day policy meeting, the...

Initial jobless claims drop to more than five-year low of 324,000

2013-05-02 06:50:00

WASHINGTON -- Initial jobless claims dropped last week to their lowest level in more than five years, countering recent signals that the economic recovery is slowing. The number of people filing for the first time for unemployment benefits fell to 324,...

Stocks fall nearly 1% on anxiety about Friday's employment report

2013-05-01 14:00:00

NEW YORK -- The first day of May gave investors reasons to worry about a sluggish economy, sending stocks down nearly 1% Wednesday. The Dow Jones industrial average fell 138.85 points, or 0.94%, to 14,700.95 at the closing bell on Wall Street. The...

Private-sector job growth slowed to 119,000 in April, ADP says

2013-05-01 07:42:00

WASHINGTON -- Private-sector job growth slowed more than expected�last month, with employers adding just 119,000 net new workers in a harbinger of a stalling labor market, payroll processing firm ADP said Wednesday. It was the second straight decline in...

Federal Reserve officials stay course on stimulus, interest rates

2013-05-01 11:21:00

WASHINGTON -- Federal Reserve policymakers said Wednesday they would continue their stimulus efforts and hold steady on rock-bottom interest rates, but announced no new actions as the economy appeared headed for another spring slowdown. After a two-...

Freddie Mac: 30-year mortgage rate falls from 3.57% to 3.54%

2013-04-04 08:04:00

Mortgage rates dropped slightly during the first half of this week in reaction to news of slower growth in the economy, with lenders offering the 30-year fixed-rate loan at an average 3.54%, down from 3.57% a week ago, according to Freddie Mac’s...

Weekly jobless claims climb to 385,000, most in four months

2013-04-04 06:54:00

WASHINGTON -- First-time jobless claims unexpectedly climbed to a four-month high last week, the Labor Department said Thursday, providing more evidence that the economic recovery might be heading into another spring slowdown. The number of people...

Private-sector and service-sector job growth slow in March

2013-04-03 16:07:00

WASHINGTON — Private-sector employment growth and expansion in the vital service sector slowed last month, raising concerns about the strength of the recovery ahead of Friday's government jobs report. Payroll firm Automatic Data Processing Inc....

Private-sector job growth slowed in March, ADP reports

2013-04-03 06:57:00

WASHINGTON -- Employment growth slowed last month as the private sector added 158,000 jobs, a sharp reduction from February and below analyst expectations, payroll processing firm ADP said Wednesday. The March figure was well below the 237,000 private-...

S&P 500 trades above all-time closing high

2013-03-28 07:34:00

NEW YORK -- The benchmark Standard & Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally.� The broad S&P index is on track to finish the day above its all-time closing high of 1,565.15 recorded Oct. 9, 2007....

Initial jobless claims fell to 340,000 last week, near 5-year low

2013-03-07 06:31:00

WASHINGTON -- New jobless claims dropped again last week to 340,000, near a post-Great Recession low, and the less volatile four-week average fell to its lowest level in five years, the Labor Department said Thursday. The data were another sign of...

Private-sector job growth holding up, ADP report finds

2013-03-06 07:40:00

WASHINGTON -- The American job market appears to be holding up fairly well in the face of higher payroll taxes this year and uncertainty over government budget cuts -- so far anyway. The payroll processing firm ADP said Wednesday its data showed that...

Drew Lewis, Vice President, Business Development, Small Business Services for ADP (Automatic Data Processing) and Board Chair for United Way of Greater Lehigh Valley reads to the class of Amita Patel at the Spring Garden Children's Center.

2012-09-27 00:00:00

Laura Green, Baltimore Leadership School for Young Women development director, greets Ayana Lugo, White Star Sales & Promotion sales director, and Bill Loften, ADP Payroll business consultant. Bond Street Social was packed with people at the Baltimore Business Networking event.

2012-09-18 00:00:00

Job seekers arrive at an outdoor job fair at the Crenshaw Christian Center in South Los Angeles. A new ADP report shows private employers upping their job counts in March.

2012-04-04 12:12:00