US ADP Posts Moderate Increase
Private employers in the United States recorded continued moderate job gains, averaging 10,250 jobs per week in the four-week period ending January 31, 2026, according to NER Pulse—a weekly update of the ADP National Employment Report.
This latest figure marks the third consecutive increase in the strengthening trend of weekly job additions, signaling that hiring momentum at the start of the year is starting to improve, although it remains measured.
ADP emphasizes that the NER Pulse data is preliminary and uses a four-week moving average approach, so the figures are subject to change as new data comes in. This means the market typically reads this release as a directional indicator—not a definitive indicator of labor market conditions.
Investors will now await a series of other labor market releases to determine whether this strengthening trend is indeed sustained in broader data. If the hiring trend continues to strengthen, market expectations regarding the direction of interest rates could shift accordingly—especially amidst concerns about the Fed's still highly data-dependent stance.
Source: Newsmaker.id