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ADP National Employment Report Preliminary Estimate for July 11, 2026

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ADP (NASDAQ: ADP) reported that for the four weeks ending July 11, 2026, U.S. private employers added an average of 15,000 jobs per week, based on the preliminary NER Pulse, a four-week moving average of seasonally adjusted employment changes. Hiring slowed for the fifth consecutive week and figures may be revised as new data arrives. The NER Pulse uses ADP’s high-frequency payroll data, is published weekly on Tuesdays at 8:15 a.m. ET with a two-week data lag, and is produced by ADP Research in collaboration with the Stanford Digital Economy Lab. The next NER Pulse release is scheduled for August 11, 2026.

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Positive

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Negative

  • None.

News Explained

The table shows the four-week average declining from 40,750 jobs for the week ending May 2, 2026 to 15,000 jobs for the week ending July 11, 2026, with each reported reading after May 2 below that starting level.

News Market Reaction – ADP

+3.60%
57 alerts
+3.60% Session close to close
+6.1% Peak in 26 hr 1 min
$108.26B Market Cap
1.1x Rel. Volume

In the Jul 28 session, ADP gained 3.60%, reflecting a moderate positive market reaction. Argus tracked a peak move of +6.1% during that session. Our momentum scanner triggered 57 alerts that day, indicating high trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The two latest comparable NER releases were followed by -3.53% and -1.84% 24-hour reactions, while i...
Analysis

The two latest comparable NER releases were followed by -3.53% and -1.84% 24-hour reactions, while insider context was Net Buying. The main risk remained preliminary-data revisions; the next release is dated August 11, 2026.

Key Figures

Private jobs added: 15,000 jobs per week Hiring slowdown: Fifth straight week Moving average: Four-week moving average +3 more
6 metrics
Private jobs added 15,000 jobs per week Four weeks ending July 11, 2026
Hiring slowdown Fifth straight week NER Pulse update
Moving average Four-week moving average Basis of the NER Pulse estimate
Data lag Two-week lag Allows more complete and accurate estimates
Historical data 12 weeks Included in the NER Pulse
Next release August 11, 2026 Scheduled next NER Pulse release

Historical Context

5 past events · Latest: Jul 21 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 21 July employment estimate Negative -3.5% Hiring slowed for the fourth consecutive week in the preliminary employment estimate.
Jul 14 June employment estimate Negative -1.8% Hiring slowed for the third consecutive week in the preliminary employment estimate.
Jul 07 June employment estimate Negative +2.5% Hiring slowed for a second consecutive week, while the 24-hour reaction was positive.
Jul 01 June employment report Positive +5.3% Private-sector employment increased by 98,000 jobs and annual pay growth remained positive.
Jun 29 Earnings release scheduling Neutral +0.6% ADP scheduled fourth-quarter fiscal 2026 results before the July 29 market open.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent weekly employment updates produced mixed reactions, with the two latest releases followed by declines and an earlier comparable update followed by a gain.

Key Terms

four-week moving average, seasonally adjusted, high-frequency data
3 terms
four-week moving average technical
"The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average."
A four-week moving average takes the most recent four weekly values of a data series (like price, sales, or trading volume), averages them, and updates that average each week by dropping the oldest week and adding the newest. It smooths out short-term ups and downs—like looking at a smoothed path instead of every single bump—so investors can more easily see underlying trends, spot momentum changes, and avoid reacting to temporary noise.
seasonally adjusted technical
"The data is seasonally adjusted and have a two-week lag"
Seasonally adjusted means that figures have been modified to remove the effects of regular and predictable changes that happen at specific times of the year, such as holidays or weather patterns. This adjustment helps reveal the true underlying trend by making comparisons across different periods more accurate. For investors, it provides a clearer picture of whether economic activity is genuinely improving or declining, without the noise of seasonal fluctuations.
high-frequency data technical
"These estimates are based on ADP's finely tuned, high-frequency data."
High-frequency data are streams of very frequent, time-stamped information about market activity — for example prices, trade sizes, and order flow updated many times per second. Investors use it like a high-speed camera to see short-lived patterns and reactions that slower reports miss, helping with rapid trading decisions, measuring market liquidity, and detecting unusual activity that can affect short-term risk and execution costs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ROSELAND, N.J., July 28, 2026 /PRNewswire/ -- For the four weeks ending July 11, 2026, U.S. private employers added an average of 15,000 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER). 

Hiring slowed for the fifth straight week. These numbers are preliminary and could change as new data is added.

Week ending

Change

(Four-week moving
average, seasonally
adjusted)

7/11/2026

15,000

7/4/2026

16,250

6/27/2026

19,750

6/20/2026

21,000

6/13/2026

24,250

6/6/2026

30,750

5/30/2026

26,500

5/23/2026

29,000

5/16/2026

30,500

5/9/2026

35,750

5/2/2026

40,750

4/25/2026

33,000

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 is 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 next NER Pulse will be released August 11, 2026. For upcoming release dates please refer to the calendar on the NER website.

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 © 2026 ADP, Inc. All rights reserved.

ADP Research

 

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SOURCE ADP, Inc.

FAQ

What did the ADP (ADP) NER Pulse estimate for U.S. job growth through July 11, 2026?

According to ADP, U.S. private employers added an average of 15,000 jobs per week over the four weeks ending July 11, 2026. This estimate comes from the NER Pulse four-week moving average of seasonally adjusted employment changes and is considered preliminary.

How is the ADP NER Pulse for July 2026 calculated and what data does it use?

The NER Pulse is calculated as a four-week moving average of week-over-week employment changes, according to ADP. It uses ADP’s finely tuned, high-frequency payroll data, is seasonally adjusted, and incorporates a two-week lag to improve completeness and accuracy of real-time employment estimates.

How often is the ADP (ADP) NER Pulse employment data released and at what time?

According to ADP, the NER Pulse is released every Tuesday at 8:15 a.m. ET, except weeks when the monthly National Employment Report is published. The release includes 12 weeks of historical data and appears in the ADP Media Center, ADP Research, and Main Street Macro.

When is the next ADP NER Pulse release date after the July 11, 2026 estimate?

According to ADP, the next NER Pulse will be released on August 11, 2026. Investors and researchers can check the calendar on the NER website for additional upcoming release dates and access detailed historical data each week.

Who produces the ADP National Employment Report and NER Pulse cited in July 2026 data?

According to ADP, the ADP National Employment Report and the NER Pulse are produced by ADP Research in collaboration with the Stanford Digital Economy Lab. This partnership uses ADP’s high-frequency employment data to estimate real-time trends in U.S. private sector jobs.