ADP National Employment Report Preliminary Estimate December 6, 2025
Rhea-AI Summary
ADP (ADP) reports that for the four weeks ending December 6, 2025, U.S. private employers added an average of 11,500 jobs per week based on the NER Pulse, a weekly update to the ADP National Employment Report.
Job growth slowed from an upwardly revised 17,500 the prior week, but remained positive for a third consecutive week. The NER Pulse uses a four-week moving average, is seasonally adjusted with a two-week data lag, and publishes weekly with 12 weeks of historical data; the next NER Pulse will be released January 13, 2026.
Positive
- Average +11,500 jobs/week (four-week moving average, week ending 12/6/25)
- Hiring remained positive for three consecutive weeks
- Next NER Pulse scheduled for January 13, 2026
Negative
- Week-over-week growth slowed from 17,500 to 11,500
- Recent volatility with prior negative weeks, e.g., -11,750 on 11/8/25
News Market Reaction 1 Alert
On the day this news was published, ADP declined 1.05%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ADP was up 0.7% with mixed peers: ADBE up 0.55%, CDNS and INTU flat, while MSTR fell 2.7% and NOW slipped 0.11%, suggesting stock-specific rather than broad sector momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 16 | Macro labor update | Neutral | -1.1% | Preliminary NER Pulse for four weeks ending Nov 29, 2025. |
| Dec 11 | Product integration | Positive | +2.1% | Embedded Thatch ICHRA integration into RUN for small businesses. |
| Dec 10 | New retirement product | Positive | +0.4% | Launch of Save4Retirement pooled employer plan with named providers. |
| Dec 09 | Awards announcement | Neutral | -0.2% | Announcement of 2026 HCM Distinction Award finalists. |
| Dec 09 | Macro labor update | Neutral | -0.2% | Preliminary NER Pulse estimate for four weeks ending Nov 22, 2025. |
Recent company-focused product and partnership announcements generally saw modest positive price alignment, while awards-related news drew a slight negative reaction.
Over the last few weeks, ADP has alternated between macro labor updates and company-focused product news. Prior NER Pulse releases on Nov 22 and Nov 29, 2025 showed private employers adding 4,750 and 16,250 jobs per week, with small negative to mild declines in ADP’s share price. In contrast, the Thatch ICHRA integration and Save4Retirement PEP launch in December 2025 coincided with modest gains, highlighting better alignment when news centers on ADP’s own platforms rather than macro indicators.
Market Pulse Summary
This announcement highlights that U.S. private employers added an average of 11,500 jobs per week over the four weeks ending December 6, 2025, based on ADP’s high-frequency, seasonally adjusted payroll data. The NER Pulse offers a four-week moving-average view with a two-week lag and 12 weeks of history, complementing the monthly ADP National Employment Report. Investors may watch subsequent NER Pulse releases, especially the January 13, 2026 update, to assess whether this improving hiring trend persists.
Key Terms
four-week moving average technical
seasonally adjusted technical
AI-generated analysis. Not financial advice.
While job growth slowed from an upwardly revised 17,500 the prior week, hiring remained in positive territory for a third week. These numbers are preliminary and could change as new data are added.
Week ending | Change (Four-week moving |
12/6/25 | 11,500 |
11/29/25 | 17,500 |
11/22/25 | 3,750 |
11/15/25 | -8,500 |
11/8/25 | -11,750 |
11/1/25 | -7,500 |
10/25/25 | -4,750 |
10/18/25 | 11,500 |
10/11/25 | 10,250 |
10/4/25 | 4,250 |
9/27/25 | 11,750 |
9/20/25 | -7,750 |
The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average. These estimates are based on ADP's finely tuned, high-frequency data. The data are seasonally adjusted and have a two-week lag to allow for more complete and accurate estimates of real-time employment trends.
The NER Pulse, including 12 weeks of historical data, publishes every Tuesday at 8:15 a.m. ET, except weeks when ADP Research publishes the monthly National Employment Report which is built on a reference week that includes the 12th day of the month. The press release is available Tuesdays at 8:15 a.m. ET in the ADP Media Center. The NER Pulse is also available shortly after 8:15 a.m. ET on release days at ADP Research and in Main Street Macro.
The NER Pulse will not publish December 30, 2025 because the week ending December 13, 2025 corresponds to the reference week of the monthly National Employment Report.
The next NER Pulse will be released January 13, 2026.
The ADP National Employment Report and the NER Pulse are produced by ADP Research in collaboration with the Stanford Digital Economy Lab.
About ADP Research
The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policy makers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world.
To subscribe to monthly email alerts or obtain additional information about ADP Research, including employment and pay data, methodology, and a calendar of release dates, please visit https://www.adpresearch.com.
About ADP (NASDAQ: ADP)
ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously works to solve business challenges for our clients and their workers, from simple, easy-to-use tools for small businesses to fully integrated platforms for global enterprises – and everything in between. Always Designing for People means we're focused on just that – people. We use our unmatched AI-driven insights and proven expertise to design innovative solutions that help people achieve greater success at work. More than 1.1 million clients across 140+ countries rely on ADP's exceptional service to support their people and drive their business forward. HR, Talent, Time Management, Benefits, Compliance, and Payroll. Learn more at ADP.com.
ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, and ADP Research are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.
Copyright © 2025 ADP, Inc. All rights reserved.
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SOURCE ADP, Inc.
FAQ
What did ADP (ADP) report for jobs in the week ending December 6, 2025?
How did ADP's job growth for 12/6/25 compare to the prior week?
When will ADP release the next NER Pulse after December 23, 2025?
Why did ADP not publish a NER Pulse on December 30, 2025?
Does the ADP NER Pulse use seasonally adjusted data and a lag?
