The weekly and monthly ADP reports have been pointing to a resilient and stable labour market. Their focus is on the inflation mandate now.
For background, the NER Pulse is a weekly private-sector employment tracker launched in late 2025 by ADP Research in collaboration with the Stanford Digital Economy Lab. It serves as a high-frequency companion to the long-running monthly ADP National Employment Report (NER), which has delivered snapshots of U.S. private-sector hiring for nearly two decades and is built on anonymized payroll data covering more than 26 million U.S. employees, roughly one in six private-sector workers.
ADP positioned the new release as a response to an economy being reshaped in real time by AI adoption, demographic shifts, and short-term business cycle volatility, conditions in which a once-a-month reading can miss meaningful turning points. A lot can happen in a month, and high-frequency data helps distinguish a momentary dip from a genuine trend change.
Methodologically, the NER Pulse estimates the week-over-week change in employment using a four-week moving average, with figures seasonally adjusted and carrying a two-week lag to allow for more complete data. It publishes every Tuesday at 8:15 a.m. ET, except during weeks when the monthly NER is released, and includes 12 weeks of historical data.
