March 17, 2026
Hiring slowed in late February
by Nela Richardson, Ph.D.
U.S. private employers added an average of 9,000 jobs a week for the four weeks ending February 28. After several weeks of strengthening, hiring took a step back at the end of the month.
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March 10, 2026
Private canaries
by Nela Richardson, Ph.D.
International organizations and non-U.S. statistical agencies have long used private-sector data such as supermarket point-of-sale information, bank transactions, and online prices to learn more about the economy.
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February 24, 2026
What happened to labor market dynamism?
by Nela Richardson, Ph.D.
In economics, markets are defined by their price and quantity. Over the last two weeks, I’ve been talking about the labor market, specifically its quantity of jobs and the price of those jobs as defined by pay. Looking at these elements together, two things become clear
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February 17, 2026
Pay trends to watch in 2026
by Nela Richardson, Ph.D. • Liv Wang
Last week, I presented five noteworthy facts about the National Employment Report. This week, let’s turn to the subject of wages and ADP’s Pay Insights data, which tracks the year-over-year pay change for individual workers each month. Through the lens of more than 26 million monthly private sector paychecks, we capture five key wage indicators shaping the labor market.
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February 10, 2026
Five things to know about the January ADP employment report
by Nela Richardson, Ph.D. • Tim Decker
Last week we published the first ADP National Employment Report for 2026. This January release is special because it captures our annual benchmarking, a process that transforms ADP’s expansive payroll data into a nationally representative gauge of private-sector employment.
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January 27, 2026
Thinking small
by Nela Richardson, Ph.D.
It was an eventful week at the World Economic Forum’s annual gathering in Davos, Switzerland. And behind the global headlines, I witnessed a part of the economy that often goes overlooked at these big events: small business
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January 20, 2026
AI and the great job unbundling
by Nela Richardson, Ph.D.
Greetings from the annual World Economic Forum. I’m in Davos, Switzerland, where business leaders and policymakers are sharing ideas about improving global cooperation and prosperity.
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