Private payroll growth slowed to 122,000 in July, less than expected, ADP says

• Private payrolls increased by just 122,000 in July, the slowest pace since January and below the upwardly revised 155,000 in June and the estimate for 150,000, ADP reported.
• Wages for those who stayed in their jobs increased 4.8% from a year ago, the smallest increase since July 2021.

https://www.cnbc.com/2024/07/31/private-payroll-growth-slowed-to-122000-in-july-less-than-expected-adp-says.html