The labor market is experiencing a moderate recovery, with the US ADP reporting an average of 12,750 new jobs added per week, marking the fourth consecutive week of month-over-month improvement.

The U.S. private sector employment market shows signs of continuous improvement, but overall growth remains moderate.

On February 24, ADP released the latest National Employment Report (NER) pulse data, indicating that as of the four weeks ending February 7, 2026, private employers in the U.S. added an average of 12,750 jobs per week, marking a fourth consecutive week of month-over-month improvement.

Although the upward trend provides some support to the market, the current weekly average of new jobs remains relatively low, significantly below the peak of over 17,000 to 20,000 jobs per week seen in late November 2025.

ADP states that this data is an initial estimate, and the figures may be adjusted as new data is incorporated.

Four weeks of consecutive growth, but at a pace still well below last year’s peak

Data shows that the employment growth rate has been steadily rising since a low point in early January: during the week of January 10, the four-week moving average was only 4,250; it gradually increased to 5,500 on January 17, 7,250 on January 24, 11,500 on January 31, and reached 12,750 in the latest week ending February 7, marking four consecutive weeks of month-over-month improvement.

However, compared to the peak in late November 2025, the current level remains weak. At that time, the four-week averages on November 22 and November 29 were as high as 20,000 and 17,000, respectively. Current growth is less than two-thirds of that, indicating that the employment market recovery has not fully closed the gap from the previous decline.

The NER pulse data uses a four-week moving average to measure weekly changes in private employment, seasonally adjusted and with a two-week lag to improve the accuracy of real-time trend estimates. The next NER pulse report will be released on March 10, 2026.

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