August hiring slows as ADP reports 38,000 private payroll gains
TL;DR Summary
ADP said U.S. private payrolls rose by 38,000 in August, the slowest pace in seven months and below the roughly 47,000 consensus, with gains concentrated in healthcare and also seen in construction and finance, signaling a choppy labor market ahead of the official BLS release.
- U.S. businesses created the fewest new jobs in 7 months, ADP says. Hiring slowed in the summer. MarketWatch
- The private sector added 38,000 jobs last month, missing expectations, ADP says Yahoo Finance
- August hiring was tepid as jobs report looms Axios
- ADP National Employment Report: Private-Sector Employment Increased by 38,000 Jobs in August - Sep 2, 2026 mediacenter.adp.com
- Can gold price catch a bid? US labor market continues to struggle as ADP says 38K jobs created in August KITCO
Reading Insights
Total Reads
0
Unique Readers
5
Time Saved
26 min
vs 27 min read
Condensed
99%
5,246 → 45 words
Want the full story? Read the original article
Read on MarketWatch