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Main Street Macro

ADP chief economist Dr. Nela Richardson gives her take on what’s happening in the labor market and the broader economy. 

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A large blue upward-pointing arrow on the left and a large red downward-pointing arrow on the right are formed by hundreds of small human figures standing together.

Education and health services led the slowdown.

October 27, 2026

The care economy sustains our social infrastructure. The pandemic and its lockdowns have corroded this social infrastructure.

August 28, 2023

Insight into how the labor market affects our lives sometimes comes from surprising places.

August 14, 2023

When economists discuss the economy, they often focus on the national numbers. But state-level data are just as important.

July 31, 2023

The service sector so far has seemed more resilient to rising interest rates.

July 10, 2023

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Nela Richardson, Ph.D.

Chief Economist, ESG Officer, and head of ADP Research

Dr. Nela Richardson is chief economist and ESG officer for ADP Inc. She also leads the independent team at ADP Research, which provides reliable and timely data-driven discovery for use by the public, business leaders, and policymakers. 

About Nela