ADP National Employment Report Preliminary Estimate for July 4, 2026

Q: How has hiring trended in recent weeks in the ADP NER Pulse for July 2026?

According to ADP, hiring slowed for the fourth straight week in the NER Pulse through July 4, 2026. The four-week moving average fell from 30,750 jobs on June 6 to 16,500 by July 4, highlighting a deceleration in private-sector job additions in recent weeks.

Q: How often is the 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 with the monthly National Employment Report. The series includes 12 weeks of historical data and is posted in the ADP Media Center, ADP Research, and Main Street Macro shortly after publication time.

Q: When will the next ADP NER Pulse update be released after July 4, 2026?

According to ADP, the next NER Pulse will be released on July 28, 2026 . The weekly report, based on a four-week moving average and a two-week data lag, provides updated estimates of U.S. private employment trends for investors and economic observers monitoring labor market conditions.

Q: What methodology does ADP use for the NER Pulse employment estimates?

According to ADP, the NER Pulse uses a four-week moving average of seasonally adjusted, high-frequency payroll data. Estimates incorporate a two-week lag to improve completeness and accuracy of real-time employment trends and are produced by ADP Research in collaboration with the Stanford Digital Economy Lab.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Positive)

Rhea-AI Summary

ADP (ADP) reported that for the four weeks ending July 4, 2026, U.S. private employers added an average of 16,500 jobs per week, based on its NER Pulse weekly update. Hiring slowed for the fourth consecutive week, and figures are preliminary and may be revised.

The NER Pulse uses a four-week moving average of seasonally adjusted, high-frequency ADP data with a two-week lag and publishes Tuesdays at 8:15 a.m. ET, except when the monthly ADP National Employment Report is released. The next NER Pulse is scheduled for July 28, 2026.

News Market Reaction – ADP

-3.53%

1 alert

-3.53% Session close to close

$102.04B Market Cap

1.1x Rel. Volume

In the Jul 21 session, ADP declined 3.53%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Net Buying was recorded in ADP insider activity across the analyzed 90-day period. That platform con...

Analysis

Net Buying was recorded in ADP insider activity across the analyzed 90-day period. That platform context adds a non-headline reference point to the preliminary hiring update; data revisions remain the stated risk.

Key Figures

Private-sector job additions: 16,500 jobs per week Hiring slowdown streak: Fourth straight week Moving-average period: Four weeks +4 more

7 metrics

Private-sector job additions 16,500 jobs per week Four weeks ending July 4, 2026

Hiring slowdown streak Fourth straight week NER Pulse estimate

Moving-average period Four weeks Seasonally adjusted employment estimate

Data lag Two weeks NER Pulse methodology

Historical data 12 weeks Included with the NER Pulse

Publication time 8:15 a.m. ET Tuesday release schedule

Next release July 28, 2026 Next NER Pulse publication

Historical Context

5 past events · Latest: Jul 14 (Negative)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 14	NER employment update	Negative	-2.0%	Reported 19,750 weekly job additions as hiring slowed for a third consecutive week.
Jul 07	NER employment update	Negative	+2.5%	Reported 21,000 weekly job additions as hiring slowed for a second consecutive week.
Jul 01	Monthly employment report	Positive	+5.3%	Reported 98,000 private-sector job additions and 4.4% median pay growth for job-stayers.
Jun 29	Earnings date announcement	Neutral	+0.6%	Scheduled fourth-quarter fiscal 2026 results for release before the July 29 market open.
Jun 23	NER employment update	Positive	+2.8%	Reported 30,750 weekly job additions and the first hiring pickup since May 2.

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

Pattern Detected

Recent NER updates produced mixed reactions: the June 27 slowdown aligned with a decline, while the June 20 slowdown diverged with a gain.

Key Terms

seasonally adjusted, four-week moving average

2 terms

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.

four-week moving average technical

"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.

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

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07/21/2026 - 08:15 AM

ROSELAND, N.J., July 21, 2026 /PRNewswire/ -- For the four weeks ending July 4, 2026, U.S. private employers added an average of 16,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER).

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

Week ending	Change (Four-week moving average, seasonally adjusted)
7/4/2026	16,500
6/27/2026	19,250
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
4/18/2026	30,250

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 12^th 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 July 28, 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-national-employment-report-preliminary-estimate-for-july-4-2026-302829949.html

SOURCE ADP, Inc.

FAQ

What is the ADP preliminary employment estimate for the week ending July 4, 2026 (ADP)?

According to ADP, U.S. private employers added an average of 16,500 jobs per week over the four weeks ending July 4, 2026. This estimate comes from the NER Pulse four-week moving average and is preliminary, meaning it may change as additional data is incorporated.

How has hiring trended in recent weeks in the ADP NER Pulse for July 2026?

According to ADP, hiring slowed for the fourth straight week in the NER Pulse through July 4, 2026. The four-week moving average fell from 30,750 jobs on June 6 to 16,500 by July 4, highlighting a deceleration in private-sector job additions in recent weeks.

How often is the 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 with the monthly National Employment Report. The series includes 12 weeks of historical data and is posted in the ADP Media Center, ADP Research, and Main Street Macro shortly after publication time.

When will the next ADP NER Pulse update be released after July 4, 2026?

According to ADP, the next NER Pulse will be released on July 28, 2026. The weekly report, based on a four-week moving average and a two-week data lag, provides updated estimates of U.S. private employment trends for investors and economic observers monitoring labor market conditions.

What methodology does ADP use for the NER Pulse employment estimates?

According to ADP, the NER Pulse uses a four-week moving average of seasonally adjusted, high-frequency payroll data. Estimates incorporate a two-week lag to improve completeness and accuracy of real-time employment trends and are produced by ADP Research in collaboration with the Stanford Digital Economy Lab.

Where can investors access the latest ADP NER Pulse data and press releases?

According to ADP, NER Pulse press releases are available Tuesdays at 8:15 a.m. ET in the ADP Media Center. The underlying data and analysis are also accessible shortly after release on ADP Research and the Main Street Macro platforms, alongside a calendar of upcoming publication dates.