US ADP four-week average hiring rises to 9.5K in early August

Private-sector hiring in the United States showed tentative improvement in early August, according to the NER Pulse, the weekly companion to the ADP National Employment Report.

Private employers added an average of 9.5K jobs per week over the four-week period ending in early August. That marks a rebound as hiring activity picked up, lifting the four-week average.

The update provides an early, high-frequency signal on US labour market momentum. ADP-related weekly data can be volatile, but the latest reading points to a modest recovery in private payroll growth.