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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

Consumers have a special kind of economic mojo. What people buy, how much they buy and where they buy it, that’s the economy in a nutshell.

August 23, 2021

While the labor market continues to make progress, its journey to a full recovery over the last year and a half has been unique, unprecedented, downright unusual

August 9, 2021

For the first time in history, women bore more than their share of job losses. For some, the exit was voluntary, a decision to focus on family. For others, it was decidedly involuntary.

August 2, 2021

Main Street businesses, the real-world heroes in the economy’s battle against the viral menace of COVID-19, are at a pivotal moment.

July 26, 2021

Depending on your perspective of the marketplace, the Fed’s role can shift. One of the central bank’s jobs is to keep inflation in check. Another is to keep the labor recovery afloat.

June 21, 2021

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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