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2026.09.0212:15:00UTC+00U.S. ADP Private Payroll Growth Cools Further in August to 38K

Private sector job creation in the United States slowed in August, as the ADP Nonfarm Employment Change indicator eased to 38,000, down from 44,000 in July 2026.

The latest figure, updated on 2 September 2026, suggests a modest deceleration in hiring momentum over the summer period. July’s reading of 44,000 new private sector jobs had already reflected a subdued pace of employment growth, and August’s weaker outcome underscores ongoing caution among employers.

While the ADP report is only one gauge of labor market health, the back-to-back soft readings for July and August 2026 may heighten attention from investors and policymakers looking for signs of cooling in the broader U.S. economy and potential implications for future monetary policy decisions.

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