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September 2, 2026
Private Payrolls Increase by 38,000 in August, Below Expectations
- August's job growth is the smallest since January, indicating a broader labor market slowdown.
- Health care led job additions with 45,000 new positions, while manufacturing lost 17,000 jobs.
- Most gains came from larger companies, with those employing 500+ workers adding 34,000 jobs.
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3 Sources
- Private payrolls rose by 38,000 in August, fewer than expected, ADP reportsSep 2, 2026 at 12:15 PM · CNBC
- The big August jobs report is due out Friday. Here's what to expect for what has been a jobless summerSep 3, 2026 at 7:38 PM · CNBC
- Job market rebound expected to emerge in August data, though many Americans are still strugglingSep 4, 2026 at 4:01 AM · AP