Automatic Data Processing Inc (XSGO:ADP)

$ 233.3 0 (0%) Market Cap: 120.79 Bil Enterprise Value: 122.80 Bil PE Ratio: 31.39 PB Ratio: 22.42 GF Score: 95/100

December 2020 Automatic Data Processing Inc National Employment Report - Media Call Transcript

Jan 06, 2021 / 01:30PM GMT

Release Date Price: $104

Transcript

Operator

Greetings, and welcome to the ADP National Employment Report Media Conference Call. (Operator Instructions) As a reminder, this conference is being recorded, Wednesday, January 6, 2021.

I would now like to turn the conference over to Joanna DiNizio with ADP. Please go ahead.

Joanna DiNizio

Automatic Data Processing, Inc. - Director of Public Relations

Good morning, and welcome to the December 2020 ADP National Employment Report Media Conference Call. With us is Mark Zandi, Chief Economist at Moody's Analytics, who will share his thoughts on the December findings. Following the call, we will take your questions by e-mail, which may be directed to Joanna DiNizio at [email protected].

Mark Mansur Zandi;s Analytics

Moody;Inc. - Chief Economist

' -

Thank you, Joanna. Good morning, everyone. Thank you for joining the call.

Well, the obvious clear message from the ADP report is that the economy is struggling to avoid backsliding into recession. The intensifying pandemic,

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