ADP Weekly Preliminary Employment Report: Week of March 17th

ADP estimates that US private employers add an average of 9,000 jobs in the four weeks to Feb 28th, down from 14,750 in the four weeks to Feb 21st.

  • ADP's weekly NER Pulse data point to a slowdown in hiring in late February. The pace of 9k jobs added in the four weeks to Feb 28th is the weakest since Jan 24th. Today's update also included one revision.
  • The average jobs added in the four weeks to Feb 21st was revised down from 15,500 to 14,750.