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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

Wall Street right now is in the midst of a guessing game on key economic data.

May 16, 2022

The truly great always make it look easy, don’t they? But the Fed is trying to do something now that’s really hard.

May 9, 2022

The pandemic has affected more than just monthly hiring, and the changes we’re living through now are likely to persist.

May 2, 2022

For the third year in a row, ADP Research surveyed 30,000 workers in 17 countries to understand their views on the workplace.

April 25, 2022

Here are three reasons why global trade matters for Main Street.

April 11, 2022

The economy created 431,000 jobs in March. It was hard to find something not to like about this report.

April 4, 2022

While borrowing costs might inch up for Main Street, they’ll likely remain low because of the tremendous demand, both foreign and domestic, for low-risk U.S. debt.

March 21, 2022

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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