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ADP's weekly estimate shows private jobs rising, signaling recovery after September's loss.
ADP released its first weekly preliminary estimate for October 28, showing an average of 14,250 private-sector jobs added per week over the four weeks ending October 11, signaling a rebound from a prior decline.
The new weekly four-week moving average, based on anonymized payroll data, aims to provide timely insights amid the ongoing government shutdown, which has disrupted official employment reporting.
While ADP’s monthly report previously showed a 32,000-job loss in September, the latest data suggests improving hiring trends.
The company will continue releasing these weekly estimates every Tuesday, though economists caution that private data cannot replace the more comprehensive Bureau of Labor Statistics report.
La estimación semanal de ADP muestra que los empleos privados están aumentando, lo que indica una recuperación después de la pérdida de septiembre.