4-week average hits 10,250 in late January

Employment in the United States (US) private sector continues to expand at a moderate pace, with companies adding an average of 10,250 jobs per week in the four weeks ending January 31, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report.

The latest reading marks the third consecutive week of strengthening job gains, suggesting a gradual improvement in hiring momentum at the start of the year. The steady increase indicates that private employers maintain a cautious but positive approach to workforce expansion.

Investors will now look to upcoming labor market releases for confirmation of whether this improving trend in private employment is sustained in the broader US jobs data.

Economic Indicator

ADP Employment Change 4-week average

The preliminary ADP weekly estimate, released by Automatic Data Processing Inc, provides a four-week moving average of the latest total private-employment change in the US. Generally, a rise in the indicator has positive implications for consumer spending and stimulates economic growth. Therefore, a high reading is traditionally seen as bullish for the US Dollar (USD), while a low reading is seen as bearish.