ADP: US private-sector job growth slows to 38,000 in August
Reuters2026/09/02 12:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ADP’s August 2026 report showed US private-sector payrolls rose 38,000, the slowest job growth since January.
- Hiring leaned on services, up 48,000, led by education and health services; goods-producing jobs fell 10,000 on manufacturing losses.
- Large employers drove gains, adding 34,000 jobs; small firms added 3,000; medium-sized employers were flat.
- Pay growth cooled, with base pay up 3.2% year over year; gross pay rose 4.7%.
- Job-changers still outpaced job-stayers, with base pay up 4.7% versus 3%; gross pay rose 7.3% versus 4.4%.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADP - Automatic Data Processing Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY39142) on September 02, 2026, and is solely responsible for the information contained therein.
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