ADP’s new weekly employment indicator shows private employers added an average of 14,250 jobs over the past month, reversing earlier declines and offering near real-time labor market insights.
ADP’s preliminary data indicates private employers averaged 14,250 job additions per week over the past four weeks, reversing September’s decline in employment. The company has introduced a new weekly indicator, to be released every Tuesday, providing near real-time tracking of U.S. labor market conditions.