Ever notice whenever ADP releases the "National Employment Report" it concocts, the stock tanks?
Carlos is an id–t for producing the stupid thing!
1) ADP DOES NOT get paid for it!
2) No-one, I repeat no-one, says "hey ADP is great because they produce that report, let's do business with them!"
3) It just harms the market, and harms ADP's own stock!
4) It is pretty meaningless, except for the purpose of causing emotional turmoil.
5) It costs way more to produce in salaries, than the zero they get for doing it!
6) Lastly, those of us at ADP know it is a hack!