Prior week 4 week average 33K Current week’s 4 week average The ADP NER Pulse is a newer high-frequency labor market indicator tied to the ADP National Employment Report (NER).
It is designed to give traders and economists a more real-time look at hiring trends in the U.S. private sector between the traditional monthly payroll reports
Unlike the standard monthly ADP report, the NER Pulse tracks the week-over-week change in private employment using a four-week moving average. The goal is to smooth out weekly volatility while still giving markets an earlier