STOCK TITAN

ADP National Employment Report Preliminary Estimate for May 9, 2026

(Neutral)
(Neutral)
Tags

ADP (NASDAQ:ADP) reported that for the four weeks ending May 9, 2026, U.S. private employers added an average of 35,750 jobs per week, based on the NER Pulse four-week moving average. Hiring slowed versus the prior week’s 40,750 jobs and figures are preliminary.

The seasonally adjusted NER Pulse uses high-frequency ADP payroll data with a two-week lag and publishes weekly, except in weeks of the monthly ADP National Employment Report. The next NER Pulse release is scheduled for June 9, 2026.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction – ADP

-0.32%
-0.32% Session close to close

In the May 27 session, ADP declined 0.32%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement provides a preliminary NER Pulse estimate that U.S. private employers added an ave...
Analysis

This announcement provides a preliminary NER Pulse estimate that U.S. private employers added an average of 35,750 jobs per week over the four weeks ending May 9, 2026, down from 40,750 for the prior four‑week period. Based on seasonally adjusted, high‑frequency ADP payroll data, it offers an early view of employment trends but remains subject to revision. Investors may watch upcoming releases, including the next NER Pulse on June 9, 2026, for confirmation or shifts in momentum.

Key Figures

Avg weekly jobs: 35,750 jobs Prior week avg jobs: 40,750 jobs Avg weekly jobs: 33,000 jobs +5 more
8 metrics
Avg weekly jobs 35,750 jobs Four weeks ending May 9, 2026 (NER Pulse, seasonally adjusted)
Prior week avg jobs 40,750 jobs Four weeks ending May 2, 2026 (NER Pulse)
Avg weekly jobs 33,000 jobs Four weeks ending April 25, 2026 (NER Pulse)
Avg weekly jobs 30,250 jobs Four weeks ending April 18, 2026 (NER Pulse)
Historical window 12 weeks NER Pulse publishes with 12 weeks of historical data
Release time 8:15 a.m. ET Weekly NER Pulse publication time on Tuesdays
Next release date June 9, 2026 Next scheduled NER Pulse publication
Lag period Two weeks Data lag used to estimate real-time employment trends

Historical Context

5 past events · Latest: May 19 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 19 NER Pulse update Neutral -1.1% Preliminary NER Pulse showing 42,250 average weekly job additions.
May 12 NER Pulse update Neutral +1.0% NER Pulse indicating 33,000 average weekly job additions.
May 07 Investor conferences Neutral +3.3% Announcement of management presentations at May technology conferences.
May 06 Monthly employment report Positive -1.6% April private‑sector employment increase of 109,000 and 4.4% pay growth.
May 04 Debt offering Neutral -0.3% Pricing of $1.0B 5.000% senior notes due 2036 for corporate purposes.

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

Pattern Detected

Recent ADP macro/employment updates and financing news have generally produced modest single-day reactions, with both positive and negative price responses regardless of the perceived tone of the releases.

Recent Company History

Over the last month, ADP has regularly released NER Pulse updates, including estimates of 42,250 jobs per week for the four weeks ending May 2, 2026 and 33,000 jobs per week for the period ending April 25, 2026. These macro reports produced small price moves in both directions. Alongside this, ADP priced $1.0 billion of 5.000% senior notes due 2036 and reported April private‑sector job gains of 109,000, again with limited single‑day volatility. Today’s NER Pulse update fits this pattern of frequent, incremental macro disclosures.

Key Terms

four-week moving average, seasonally adjusted, high-frequency data
3 terms
four-week moving average technical
"For the four weeks ending May 9, 2026, U.S. private employers added an 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
"Week ending | Change (Four-week moving average, seasonally adjusted)"
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

ROSELAND, N.J., May 27, 2026 /PRNewswire/ -- For the four weeks ending May 9, 2026, U.S. private employers added an average of 35,750 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER). 

Hiring slowed from the previous week. These numbers are preliminary and could change as new data is added.

Week ending

Change
(Four-week moving 
average, seasonally
adjusted)

5/9/2026

35,750

5/2/2026

40,750

4/25/2026

33,000

4/18/2026

30,250

4/11/2026

39,250

4/4/2026

40,250

3/28/2026

40,250

3/21/2026

26,000

3/14/2026

15,250

3/7/2026

10,000

2/28/2026

9,000

2/21/2026

14,750

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 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 June 9, 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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-national-employment-report-preliminary-estimate-for-may-9-2026-302782529.html

SOURCE ADP, Inc.

FAQ

What did ADP (ADP) report in the May 9, 2026 NER Pulse estimate?

ADP estimated U.S. private employers added an average of 35,750 jobs per week for the four weeks ending May 9, 2026. According to ADP, this figure is based on a seasonally adjusted four-week moving average using high-frequency payroll data.

How did hiring change in the latest ADP NER Pulse for May 9, 2026?

Hiring slowed in the latest ADP NER Pulse compared with the prior week. According to ADP, the four-week average fell from 40,750 jobs for the week ending May 2, 2026 to 35,750 for the week ending May 9, 2026.

What is the ADP NER Pulse and how is it calculated for ADP (ADP)?

The ADP NER Pulse is a weekly estimate of U.S. employment change using a four-week moving average. According to ADP, it relies on finely tuned, high-frequency payroll data, is seasonally adjusted, and includes a two-week lag for more complete, real-time employment estimates.

When is the next ADP NER Pulse release after the May 9, 2026 estimate?

The next ADP NER Pulse release is scheduled for June 9, 2026. According to ADP, the report is typically published every Tuesday at 8:15 a.m. ET, except during weeks when the monthly National Employment Report is released.

Where can investors find the ADP NER Pulse and National Employment Report data for ADP (ADP)?

Investors can access the NER Pulse shortly after 8:15 a.m. ET on release days. According to ADP, it is available in the ADP Media Center, on ADP Research, and in Main Street Macro, alongside the monthly National Employment Report.