ADP National Employment Report Preliminary Estimate for April 28, 2026
Rhea-AI Summary
ADP (ADP) NER Pulse preliminary estimate for the four weeks ending April 11, 2026 shows U.S. private employers added a four-week moving average of 39,250 jobs per week. The release notes hiring was revised down in the first week of April and that data are preliminary and subject to revision.
The NER Pulse publishes weekly on Tuesdays at 8:15 a.m. ET and uses a seasonally adjusted, two-week lagged four-week moving average; the next release is May 12, 2026.
Positive
- None.
Negative
- None.
News Market Reaction – ADP
In the Apr 28 session, ADP gained 0.98%, reflecting a mild positive market reaction. Argus tracked a peak move of +3.4% during that session. Our momentum scanner triggered 102 alerts that day, indicating very high trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 21 | NER Pulse update | Positive | +0.2% | Preliminary NER Pulse showing average 54,750 weekly job gains. |
| Apr 16 | Awards announcement | Positive | +1.8% | Recognition of five organizations with 2026 HCM Distinction Awards. |
| Apr 14 | NER Pulse update | Positive | -0.1% | NER Pulse showing 39,250 weekly job additions over four weeks. |
| Apr 08 | Dividend declaration | Positive | -2.4% | Declaration of regular quarterly dividend of $1.70 per share. |
| Apr 07 | NER Pulse update | Positive | -0.4% | NER Pulse indicating average 26,000 weekly job gains and improving hiring. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent ADP macro and corporate updates have often seen muted or negative price reactions even when news was constructive, with only two of the last five events aligning positively with the headline tone.
Over the past month, ADP has regularly released NER Pulse estimates, showing weekly private payroll gains such as 54,750 and 39,250 jobs per week, alongside a strengthening hiring trend. The stock reaction to these macro labor updates has been mixed, including small gains and slight declines. ADP also declared a regular quarterly dividend of $1.70 per share and recognized HCM Distinction Award winners, but those shareholder- and brand-friendly announcements did not consistently translate into positive price moves, giving important context for interpreting today’s employment-related release.
Key Terms
four-week moving average technical
seasonally adjusted technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
After a strengthening trend, hiring was downwardly revised in the first week of April. These numbers are preliminary and could change as new data is added.
Week ending | Change (Four-week moving |
4/11/2026 | 39,250 |
4/4/2026 | 40,250 |
3/28/2026 | 40,250 |
3/21/2026 | 26,000 |
3/14/2026 | 15,250 |
3/7/2026 | 10,000 |
2/28/2026 | 9,000 |
2/21/2026 | 14,750 |
2/14/2026 | 15,500 |
2/7/2026 | 12,000 |
1/31/2026 | 11,500 |
1/24/2026 | 7,250 |
The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average. These estimates are based on ADP's finely tuned, high-frequency data. The data is seasonally adjusted and have a two-week lag to allow for more complete and accurate estimates of real-time employment trends.
The NER Pulse, including 12 weeks of historical data, publishes every Tuesday at 8:15 a.m. ET, except weeks when ADP Research publishes the monthly National Employment Report which is built on a reference week that includes the 12th day of the month. The press release is available Tuesdays at 8:15 a.m. ET in the ADP Media Center. The NER Pulse is also available shortly after 8:15 a.m. ET on release days at ADP Research and in Main Street Macro.
The next NER Pulse will be released May 12, 2026. For upcoming release dates please refer to the calendar on the NER website.
The ADP National Employment Report and the NER Pulse are produced by ADP Research in collaboration with the Stanford Digital Economy Lab.
About ADP Research
The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policy makers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world.
To subscribe to monthly email alerts or obtain additional information about ADP Research, including employment and pay data, methodology, and a calendar of release dates, please visit https://www.adpresearch.com.
About ADP (NASDAQ: ADP)
ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously works to solve business challenges for our clients and their workers, from simple, easy-to-use tools for small businesses to fully integrated platforms for global enterprises – and everything in between. Always Designing for People means we're focused on just that – people. We use our unmatched AI-driven insights and proven expertise to design innovative solutions that help people achieve greater success at work. More than 1.1 million clients across 140+ countries rely on ADP's exceptional service to support their people and drive their business forward. HR, Talent, Time Management, Benefits, Compliance, and Payroll. Learn more at ADP.com.
ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, and ADP Research are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.
Copyright © 2026 ADP, Inc. All rights reserved.
View original content to download multimedia:https://www.prnewswire.com/news-releases/adp-national-employment-report-preliminary-estimate-for-april-28-2026-302755008.html
SOURCE ADP, Inc.