Labor Market Archives - ADP Research

Employee sentiment posts broad-based decline in January

The EMC Index, which tracks how people think and feel about their jobs, posted a large and broad-based decline in January. The drop was the largest since the series began in 2021, sending the index to its lowest level since May 2025.

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Recession

May 19, 2020

What the Past Won’t Tell Us About the Pandemic “Recession”

by ADP Research

Early on, it has become clear that the magnitude and speed of job loss are greater than any recession we’ve experienced in modern U.S. history. The million-dollar question on most people's minds is how much of this job loss will come back?

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Employee sentiment posts broad-based decline in January

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What the Past Won’t Tell Us About the Pandemic “Recession”

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