FEATURED POST

December 23, 2025

The NER Pulse

For the four weeks ending Dec. 6, 2025, private employers added an average of 11,500 jobs a week, slowing from an upwardly revised 17,500 the prior week. While job growth slowed, hiring remained in positive territory for a third week. These numbers are preliminary and could change as new data is added.
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December 9, 2025

Small employers have something to tell us

by Nela Richardson, Ph.D.

For the four weeks ending Nov. 22, 2025, private employers added an average of 4,750 jobs a week. This week’s positive number hints at an upswing in the labor market after four straight weeks of negative pulse estimates. These numbers are preliminary and could change as new data is added.
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November 25, 2025

A silver twist on the gig economy

by Nela Richardson, Ph.D.

The federal government’s delayed September employment report, released last week, showed that the economy added 119,000 jobs that month, better than economists had predicted. But for self-employed workers, the news wasn’t as good.
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November 11, 2025

The NER Pulse

by Nela Richardson, Ph.D.

For the four weeks ending Oct. 25, 2025, private employers shed an average of 11,250 jobs a week, suggesting that the labor market struggled to produce jobs consistently during the second half of the month. These numbers are preliminary and could change as new data is added.
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October 28, 2025

Meeting the moment: ADP’s new weekly labor-market pulse

by Nela Richardson, Ph.D.

A lot can happen in a month, especially in an economy as complex as ours. Starting today, ADP will publish a weekly tracker of private-sector U.S. employment. As the economy undergoes long-term structural change driven by AI, demographics, and short-term business cycle fluctuations, our high-frequency NER pulse will provide a near real-time view of job creation and loss.
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August 26, 2025

Yes, AI is affecting employment. Here’s the data.

by Nela Richardson, Ph.D.

Artificial intelligence is both old and new.  Old in that its founding principles and techniques have been around since the 1950s. New because the technology has continuously reinvented itself ever since. 
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January 27, 2025

The age of work

by Nela Richardson, Ph.D.

The United States is getting older, and its workforce is aging, too. This week, ADP chief economist Nela Richardson teams up with Kai Ryssdal of Marketplace to explore what this massive demographic shift might mean for the economy and the workplace.
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August 12, 2024

Main Street Macro: Wall Street threw a tantrum, but Main Street carried on

by Nela Richardson, Ph.D.

The deep sell-off that gripped Wall Street two weeks ago was short-lived. The volatility was triggered by a Bank of Japan rate increase that drove up the yen and rattled global markets. In the U.S., weaker-than-expected jobs data piled on, stoking fears of a recession and extending the market downturn.
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August 5, 2024

Main Street Macro: It’s too soon to talk about a hard landing

by Nela Richardson, Ph.D.

In the days leading up to last week’s July jobs reports, positive GDP and inflation news had boosted investor confidence that a soft landing of the U.S. economy was not only achievable, but also close at hand.
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