U.S. Private Employers Add 23,750 Weekly Jobs as Hiring Accelerates for 5th Straight Week
Updated
Updated · PR Newswire · Oct 6
U.S. Private Employers Add 23,750 Weekly Jobs as Hiring Accelerates for 5th Straight Week
2 articles · Updated · PR Newswire · Oct 6
Summary
23,750 jobs were added per week on average in the four weeks ending Sept. 19, according to ADP's NER Pulse, marking the fifth consecutive weekly acceleration in private-sector hiring.
The four-week moving average rose from 22,500 a week earlier and has climbed steadily from 12,250 in the week ending Aug. 22, based on ADP's seasonally adjusted high-frequency payroll data.
ADP said the figures are preliminary and carry a two-week lag to improve completeness, so the estimates can change as additional data comes in.
The weekly Pulse offers a real-time read on U.S. employment trends between ADP's monthly jobs reports, with the next update due Oct. 13.