August 5, 2026

Private Sector Job Growth Remains Weak at 44,000 in July Amid Rising Wages

Private employers added just 44,000 jobs in July, the lowest gain since January and down from 95,000 in June.
Annual pay growth for job-switchers rose to 7%, the highest since August 2025, reflecting competition for limited labor.
The construction sector added only 1,000 jobs, but pay for construction workers changing jobs reached a record high due to strong demand.

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