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The Economic Times

Business / The Economic Times

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US private payrolls growth slows in August, ADP report says

U.S. private payrolls saw a moderate increase in August, adding 38,000 jobs. This figure fell short of economists' expectations for job growth last month. The ADP report, a precursor to official data, showed a revised 46,000 jobs added in July. Economists surveyed by Reuters anticipate a rebound in nonfarm payrolls for August. The unemployment rate is expected to remain steady at 4.1 percent.

2 Sep 2026 6:15 pm