
The labor market is experiencing a moderate recovery, with the U.S. ADP weekly average of new jobs added at 12,750, marking the fourth consecutive week of month-on-month improvement

Data as of February 24 shows that in the four weeks ending February 7, U.S. private employers added an average of 12,750 jobs per week, marking the fourth consecutive week of month-over-month improvement, continuing to rise from the low of 4,250 in early January. However, the current growth rate is still only two-thirds of the peak of 17,000-20,000 jobs per week seen in late November 2025, indicating that the employment recovery process has not yet fully bridged the previous decline
The U.S. private sector job market shows signs of sustained improvement, but overall growth remains moderate.
On February 24, the latest National Employment Report (NER) pulse data released by ADP indicates that as of the four weeks ending February 7, 2026, U.S. private employers added an average of 12,750 jobs per week, marking the fourth consecutive week of month-over-month improvement.
Although the trend of consecutive increases provides some support to the market, the current average weekly job additions remain at a relatively low level, significantly lower than the peak of over 17,000 to 20,000 jobs per week in late November 2025.
ADP stated that this data is a preliminary estimate and may be adjusted as new data is incorporated. 
Four consecutive weeks of increase, but growth rate still far below last year's peak
Data shows that the job growth rate has been steadily climbing since the low point in early January: for the week ending January 10, the four-week average was only 4,250; it then gradually rose to 5,500 on January 17, 7,250 on January 24, 11,500 on January 31, and reached 12,750 in the latest report for the week ending February 7, recording month-over-month improvement for four consecutive weeks.
However, compared to the peak in late November 2025, the current level still appears weak. At that time, the four-week averages for the weeks ending November 22 and November 29 were as high as 20,000 and 17,000, respectively, with the current growth rate not even reaching two-thirds, indicating that the recovery process in the job market has not fully bridged 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 data lag to enhance the accuracy of real-time trend estimates. The next NER pulse data will be released on March 10, 2026
