ADP Private Payrolls Preliminary Estimate Set for September 26, 2026

The Forex Factory economic calendar lists the U.S. ADP National Employment Report Preliminary Estimate for September 26, 2026. The page title — "US ADP National Employment Report Preliminary Estimate for September 26, 2026" — confirms the date but carries no preliminary number, no consensus range, and no analyst quote.

The release covers the change in U.S. private-sector payrolls from August to September 2026, drawn from anonymized data on companies that run payroll through ADP, the country's largest payroll-services company.

For workers and hiring teams, the ADP print functions as a preview of the Bureau of Labor Statistics' (BLS) Employment Situation report, the federal government's monthly jobs release covering both private and government workers.

Why does the ADP release move markets?

Markets watch the ADP print because it arrives ahead of the official BLS release. Even when the two diverge, the gap itself moves rate expectations — meaning, forecasts of where the Federal Reserve will set its policy interest rate.

A larger-than-expected gain tends to support the U.S. dollar and push Treasury yields higher. A weaker print suggests cooling demand and tilts futures toward a Fed rate cut.

The takeaway: ADP doesn't decide Fed policy, but it shifts the odds.

What does "preliminary" mean here?

ADP publishes an initial figure it revises when the next month's report lands. Each September release typically pairs the new estimate with a restated prior-month figure — in this case, an updated August read.

Direction of the August revision matters more than magnitude for trend calls. An upward restatement strengthens the labor-tightening narrative; a downward one does the opposite.

What should job seekers and hiring teams watch?

For candidates, a larger-than-expected gain typically signals tighter competition for open roles. A weaker print hints at softer employer demand and potentially easier negotiation leverage on offer letters.

For hiring managers and HR leads, the sector breakdown — goods-producing versus service-providing, plus sub-industries like leisure and hospitality or professional and business services — shows where demand is loosening or heating up before the BLS detail lands.

What's in the calendar entry — and what isn't?

The Forex Factory entry lists the release date and report title only. It carries no analyst commentary, no preliminary number, and no estimate range. Specific figures will populate the calendar page when ADP publishes at release.

What's next on the calendar?

BLS's September Employment Situation follows within days — historically on the first Friday of the next month. The ADP-versus-BLS gap will dominate labor-market coverage that week and shape expectations for the Federal Reserve's next policy decision.

Takeaway: Friday's BLS print is the headline. Thursday's ADP release is the preview.