US ADP Employment Report January 2027
January 6, 2027 @ 8:15 am - 9:15 am
US ADP Employment Report January 2027
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
- Not yet published
- Actual
- Pending
Full schedule and background: US ADP Employment Report.
Updated
The US ADP Employment Report for January 2027 is scheduled for release on Wednesday, January 6, 2027, at 8:15 am ET (1:15 pm London time). The report is published by ADP Research, in partnership with the Stanford Digital Economy Lab, and it covers private sector payroll employment for December 2026. Full schedule and background: US ADP Employment Report.
Note on timing: ADP has not yet confirmed the exact release date for this report. The publisher typically releases the National Employment Report on the Wednesday before the US Bureau of Labor Statistics’ monthly jobs report, so the date above reflects that usual pattern rather than a confirmed publication schedule.
What is the ADP Employment Report?
The ADP National Employment Report measures the change in private sector employment in the United States, using anonymised payroll data from ADP’s own client base, which covers roughly 25 million US workers. Because ADP processes payroll for a large share of American businesses, the report offers an early, real-time read on hiring trends before the government’s official jobs figures arrive.
The headline number is the net change in private payrolls for the month, expressed in thousands of jobs. The report also breaks employment down by company size, sector (such as manufacturing, construction, professional services and leisure) and, in more detailed releases, by pay growth for job stayers versus job changers. Analysts use these sub-components to gauge which parts of the economy are hiring and which are cutting back.
Markets watch the ADP report closely because employment is one of the two mandates of the US Federal Reserve, alongside price stability. A labour market that is cooling faster than expected can support the case for interest rate cuts, while persistent hiring strength can keep the Fed cautious about easing policy too quickly.
When is the December 2026 ADP report released?
The report covering December 2026 is expected to be released on Wednesday, January 6, 2027, at 8:15 am ET, which is 1:15 pm in London and 9:15 pm in Hong Kong and Singapore. ADP publishes the figures directly on its research website, and the release is typically picked up within seconds by financial newswires such as Reuters and Bloomberg.
As noted above, the precise date has not been formally confirmed by ADP at the time of writing. ADP’s National Employment Report is usually released two days before the BLS Employment Situation report, so this date could shift slightly if the BLS calendar changes.
What is the consensus forecast?
A consensus forecast for the December 2026 ADP report has not yet been published. Economist surveys for ADP releases are typically compiled by data providers such as Bloomberg and Reuters in the days immediately before the release, so a consensus figure will only become available closer to January 6, 2027.
| Measure | Prior (November 2026) | Consensus (December 2026) |
|---|---|---|
| Private payrolls, net change | Not yet published | Not yet published |
| Pay growth, job stayers (year on year) | Not yet published | Not yet published |
What the result could mean
| Scenario | Likely market read | What it means in plain English |
|---|---|---|
| Above consensus | Could be read as a sign of a resilient labour market, potentially reducing bets on near-term Fed rate cuts | More jobs were added than expected, suggesting employers are still confident enough to keep hiring |
| In line with consensus | Likely to have limited market impact on its own, with attention shifting to the official BLS jobs report | Hiring is behaving roughly as economists expected, so there is little new information for policymakers |
| Below consensus | Could be read as evidence of labour market cooling, supporting the case for a more dovish Fed stance | Fewer jobs were added than expected, which may point to businesses becoming more cautious about hiring |
These are possibilities based on how markets have typically reacted to employment surprises, not predictions of what will happen in January 2027.
Why does this release matter right now?
The Federal Reserve has repeatedly said that its interest rate decisions depend on incoming data covering both inflation and employment. Because ADP’s report lands before the official BLS figures each month, it has become one of the most closely watched early indicators of US labour market momentum. A run of weak ADP prints alongside slowing job openings can shift market expectations for the timing and pace of Fed rate cuts, while a run of strong prints can push those expectations back.
The report also matters beyond US borders. Slower American hiring can weigh on the dollar, which in turn affects the pound, the euro and other currencies, and can influence how the Bank of England and the European Central Bank frame their own policy decisions given how closely global financial conditions are linked to the United States.
What It Means for Your Money
- Mortgages and loan rates: Signs of a cooling US labour market can lower expectations for Fed rate cuts’ pace, which feeds through to bond yields and can influence mortgage rates in the US and, indirectly, borrowing costs elsewhere.
- Savings rates: If the labour market data supports faster rate cuts, savings account and cash ISA rates in the US and UK could drift lower over time as central banks ease policy.
- Jobs and wages: A weaker than expected reading can be an early warning sign for workers, since ADP data has historically preceded broader slowdowns in hiring and, at times, wage growth.
- Investments and pensions: Equity markets often react to employment surprises because they affect expectations for interest rates, which in turn affect how pension funds and other investors value shares and bonds.
- Currencies: A surprisingly strong or weak US jobs signal can move the dollar against the pound and euro, affecting the cost of imports, holidays abroad and returns on overseas investments for UK and European savers.
Related events
- The previous ADP Employment Report: US ADP Employment Report, December 2026
- The US Bureau of Labor Statistics’ monthly Employment Situation report, usually released two days after the ADP figures
- The US ISM Services and Manufacturing PMI reports, which include employment sub-indices watched alongside ADP data
Frequently Asked Questions
What time is the ADP Employment Report released?
The report is scheduled for 8:15 am ET, which is 1:15 pm in London, though the exact January 2027 date has not been formally confirmed by ADP.
How should I read the ADP employment number?
Focus on the net change in private payrolls compared with both the prior month and the consensus forecast, and treat the figure as an early signal rather than a final read on hiring, since ADP data can diverge from the official BLS jobs report.
How does the ADP report affect interest rates?
It feeds into the broader picture of labour market health that the Federal Reserve considers alongside inflation data when setting interest rates, so unexpectedly strong or weak prints can shift market expectations for future rate decisions.
Where can I find the official ADP release?
The report is published directly on ADP Research’s website alongside supporting commentary from Moody’s Analytics economists.
When is the next ADP Employment Report?
ADP releases the National Employment Report monthly, typically on the Wednesday before the BLS Employment Situation report, so the next release will cover January 2027 data.