ADP's latest NER Pulse shows 39,250 private-sector jobs added weekly for the four weeks ending April 11, down from the prior 54,750 and below forecasts.
This marks the weakest pace since the survey's launch, interrupting a recent streak of strong hiring momentum and raising questions about the sustainability of recent labor market gains.
The NER Pulse, launched in 2025 with Stanford Digital Economy Lab, offers high-frequency employment data to help economists and policymakers track real-time shifts amid AI adoption and economic volatility.
Is artificial intelligence a net job creator or destroyer for the U.S. economy?
With workers staying put, is the era of job-hopping for higher pay over?
Small businesses are driving job growth, but can they sustain it amid high inflation?
Can the Fed tame soaring energy inflation without stalling the job market?
With 'ghost jobs' on the rise, how can applicants find real opportunities?
How will declining immigration impact long-term U.S. economic growth?