Private payrolls rose by 38,000 in August, fewer than expected, ADP reports

• Private companies added 38,000 jobs in August, down from 46,000 and below the estimate for 47,000, for the slowest month since January, according to ADP.
• Three categories accounted for most of the job growth: education and health services, leisure and hospitality and construction. Manufacturing saw a loss of 17,000 jobs.
• The report comes ahead of the BLS nonfarm payrolls count, due out Friday.

https://www.cnbc.com/2026/09/02/private-payrolls-rose-by-38000-in-august-fewer-than-expected-adp-reports.html