Automatic Data Processing Inc (NAS:ADP)

$ 306.93 0.01 (0%) Market Cap: 125.06 Bil Enterprise Value: 127.07 Bil PE Ratio: 32.76 PB Ratio: 23.40 GF Score: 95/100

August 2019 Automatic Data Processing Inc National Employment Report - Media Call Transcript

Sep 05, 2019 / 12:30PM GMT

Release Date Price: $173.27 (+2.10%)

Transcript

Operator

Greetings, and welcome to the ADP National Employment Report call. (Operator Instructions)

As a reminder, this conference is being recorded Thursday, September 5, 2019.

I would now like to turn the conference over to Joanna DiNizio with ADP. Please go ahead.

Joanna DiNizio

Automatic Data Processing, Inc. - Director of Public Relations

Good morning, and welcome to the August 2019 ADP National Employment Report media conference call. With us is Mark Zandi, Chief Economist at Moody's Analytics. Mark will share his thoughts on the August findings and then he'll take as many of your questions as possible before our hard stop at 9:00 a.m. Eastern Time.

Mark, please go ahead.

Mark Mansur Zandi;s Analytics

Moody;Inc. - Chief Economist

' -

Thank you, Joanna. Good morning, everybody. Well, the number was a solid one, strong gain of just south of 200,000 jobs created -- private-sector jobs created in the month of August. The job gains were broad-based across industry, with

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