NasdaqGS:ADPProfessional Services
Will Improving Hiring Trends And A Rating Upgrade Change Automatic Data Processing's (ADP) Narrative?
Earlier in June 2026, ADP’s NER Pulse showed U.S. private employers added an average of 30,750 jobs per week over four weeks, marking the first pickup in hiring since early May, while Wells Fargo upgraded its rating on Automatic Data Processing citing stabilization and modest improvements in company fundamentals.
The combination of improving private-sector hiring signals and an external rating upgrade highlights ADP’s dual role as both a workforce barometer and a core HR and payroll...