US ADP Employment Report November 2026
November 4 @ 8:15 am - 9:15 am
US ADP Employment Report November 2026
Next US ADP Employment Report: Wednesday, at 8:15 am ET (1:15 pm London).
Date to be confirmed by the publisher; this is the scheduled date.
- Consensus
- Not yet published
- Prior
- 44,000 jobs added (July 2026)
- Actual
- Pending
Full schedule and background: US ADP Employment Report.
Updated
The US ADP Employment Report for November 2026 is scheduled for release on Wednesday, November 4, 2026 at 8:15 am ET (1:15 pm London time). It is published by ADP Research in collaboration with the Stanford Digital Economy Lab, and it covers changes in private-sector payrolls for the prior reporting month. Full background and the release schedule for this series are on the US ADP Employment Report hub page.
What is the ADP Employment Report?
The ADP National Employment Report measures the monthly change in private-sector jobs in the United States. Unlike the government’s official jobs figures, it is built from anonymised payroll data covering more than 26 million employees processed by ADP, one of the largest payroll providers in the country. Because it draws on real payroll records rather than a survey, it gives an early, high-frequency read on hiring trends before the Bureau of Labor Statistics releases its own non-farm payrolls figure, usually two days later.
The report breaks employment changes down by company size, industry sector and region, and includes a separate pay measure tracking annual wage growth for people who stay in their jobs versus those who switch employers. Markets watch it closely because hiring and pay trends feed directly into the Federal Reserve’s view of the labour market, which in turn shapes decisions on interest rates.
It is worth remembering that ADP’s payroll data and the government’s non-farm payrolls figure can diverge in any given month, sometimes by a wide margin, because they use different methodologies and sample different parts of the workforce.
When is the November ADP Employment Report released?
ADP is expected to publish the report on Wednesday, November 4, 2026 at 8:15 am ET (1:15 pm London time), on its media centre and at adpemploymentreport.com. This date has not yet been formally confirmed by ADP at the time of writing. ADP typically releases its report on the Wednesday of the week containing the first Friday of the month, two days ahead of the official US employment report, so the date above follows that established pattern.
What is the consensus forecast?
A consensus forecast for the November 2026 release (covering October payroll data) has not yet been published. Economist surveys for ADP releases are typically compiled by Reuters and Bloomberg in the days immediately before the report, so a consensus figure will usually appear closer to release date.
The most recent confirmed prints show a slowing pace of private hiring through the middle of 2026. In June 2026, private employers added 98,000 jobs with annual pay growth of 4.4%, according to ADP’s official release. In July 2026, hiring slowed sharply to 44,000 jobs, described by Trading Economics as “the least in six months”, against forecasts of around 70,000.
| Measure | Prior (July 2026) | Consensus |
|---|---|---|
| Private payrolls change | 44,000 | Not yet published |
| Annual pay growth (job stayers) | 4.4% | Not yet published |
What the result could mean
| Scenario | Likely market read | What it means in plain English |
|---|---|---|
| Above consensus | Could be read as evidence the labour market is holding up, potentially reducing expectations of near-term Fed rate cuts | More jobs were added than expected, suggesting employers are still hiring despite a slowing trend |
| In line with consensus | Likely to have limited market impact on its own | Hiring matched expectations, so the picture of a gradually cooling labour market continues unchanged |
| Below consensus | Could raise expectations of Fed rate cuts and pressure the dollar, according to strategists who track the FedWatch tool | Fewer jobs than expected were added, a signal that hiring is weakening further |
These are possibilities discussed by analysts, not predictions. Investing.com notes that a higher than expected ADP reading is “taken as positive/bullish for the USD”, while a weaker one tends to be read the opposite way, though the report’s month-to-month volatility means any single print should be treated with caution.
Why does this release matter right now?
Private hiring in the US has slowed noticeably through 2026, with ADP reporting a drop from 98,000 jobs added in June to just 44,000 in July, according to Trading Economics. ADP’s chief economist, Dr Nela Richardson, has pointed to hiring described as modest relative to earlier in the year, alongside pay growth that has stayed largely flat, language consistent with the broader cooling trend seen through 2026. The Federal Reserve, under Chair Kevin Warsh who took office in May 2026, has been weighing this softer jobs picture against still-elevated inflation, and labour market data of this kind feeds directly into that debate. A further slowdown, or a surprise rebound, in the October 2026 data due in this release would add to that picture ahead of the Fed’s next policy meeting.
What It Means for Your Money
Mortgages and borrowing costs: a weak jobs report tends to raise expectations of Federal Reserve interest rate cuts, which can pull down mortgage rates and other borrowing costs over time, while a strong report can do the opposite.
Savings: if the labour market data pushes the Fed towards cutting rates, savings account and cash ISA rates in the US and, indirectly, in other markets that track Fed policy could drift lower in the following months.
Jobs and wages: the pay growth figures in this report give an early signal of whether wage rises are keeping up with the cost of living, relevant to anyone negotiating a pay rise or planning household budgets.
Investments and pensions: US labour market surprises can move stock markets and bond yields quickly, which affects the value of pension funds and investment portfolios holding US assets, including those held by UK and European savers.
Currencies: a weaker than expected report can weigh on the US dollar, with knock-on effects for the value of the pound and the euro against the dollar, influencing the cost of imports and overseas holidays.
Related events
- Previous release: US ADP Employment Report, October 2026
- The US non-farm payrolls report, usually published two days after the ADP release each month
- The Federal Reserve’s interest rate decisions, which weigh heavily on labour market data such as this
Frequently Asked Questions
What time is the ADP Employment Report released?
It is scheduled for 8:15 am ET, which is 1:15 pm London time, on Wednesday, November 4, 2026.
How should I read the ADP jobs number?
Look at the headline change in private payrolls against the consensus forecast, and check the pay growth figures for a sense of wage pressure, but treat any single month with caution given the series’ volatility.
Does the ADP report move interest rate expectations?
Yes, because it is one of the first hard data points each month on US hiring, and it feeds into how traders price the likelihood of Federal Reserve rate moves.
Where can I find the official release?
ADP publishes the report and interactive charts at adpemploymentreport.com and through its media centre.
When is the next ADP Employment Report?
ADP typically releases its report monthly, usually on the Wednesday two days before the official US non-farm payrolls report.