US Private Sector Hiring Cools After Five-Week Growth Streak

The preliminary data, released by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, reflects a four-week moving average of seasonally adjusted hiring. While the September 26 metric remains robust, it sits slightly below the 25,250 average recorded for the week ending September 19. The report highlights the volatility of high-frequency labor market data, noting that these estimates are subject to revision as more complete information becomes available.

ADP’s methodology relies on a two-week lag to capture real-time employment trends with greater accuracy. This weekly pulse serves as a companion to the broader monthly National Employment Report, providing granular insight into shifts across the American workforce. The next update is scheduled for release on October 20, 2026.