Just 54,000 jobs added in August: ADP
Share and Follow


Private employers added just 54,000 jobs in August, indicating a slowdown in the hiring market, according to ADP data released Thursday morning. 

ADP’s jobs figure is lower than the forecast made by The Wall Street Journal, which predicted 75,000 positions added last month. 

“The year started with strong job growth, but that momentum has been whipsawed by uncertainty. A variety of things could explain the hiring slowdown, including labor shortages, skittish consumers, and AI disruptions,” ADP’s chief economist, Dr. Nela Richardson, said in a statement. 

ADP’s monthly report showed leisure and hospitality as well as construction performing well despite a wider slowdown in hiring in recent months. 

Leisure and hospitality contributed the most by adding 50,000 jobs. Construction was in second place with 16,000. But other sectors, such as trade, transportation and utilities, lowered the overall figure by losing 17,000 positions, according to ADP. Education and health services saw a decline of 12,000 jobs. 

Pay gains were nearly unchanged in August. Those who stayed in their job saw their wages go up by 4.4 percent year-over-year. Those who changed jobs saw their salary increase by 7.1 percent during the same stretch, according to ADP. 

On Friday, the Bureau of Labor Statistics (BLS) is set to deliver its first jobs report since President Trump terminated the agency’s head after a weak employment report for July. That report showed the U.S. added only 73,000 jobs in July. 

Share and Follow
You May Also Like

Watch: Winsome Sears Unleashes Powerful Ad Exposing Dem ‘Poster Child’ Jay Jones for Offensive Texts

If the Democrat Party was hoping the Jay Jones scandal would die…

Lauryn Goodman, Kyle Walker’s ex, is reportedly ‘seeing tennis star Jack Draper after pairing on a celebrity dating app’

She was the centre of headlines after her infamous paternity scandal with…

Judge temporarily blocks Trump National Guard deployment in Portland

A federal judge on Saturday temporarily blocked President Trump’s deployment of 200…

Build-A-Bear Staff Declines Teen’s Request to Name Toy ‘Charlie Kirk’

A teenager claims a Build-A-Bear employee in Tukwila, Washington, refused to print…

Jeffries: House Democrats to meet virtually Monday as shutdown drags on

House Minority Leader Hakeem Jeffries (D-N.Y.) said Democrats will caucus virtually on…

Miller on judge blocking Portland National Guard deployment: ‘Legal insurrection’

White House deputy chief of staff Stephen Miller railed against a Saturday…

Trump calls on Democratic attorney general nominee Jay Jones to drop out of race

President Trump called on Democratic Virginia Attorney General nominee Jay Jones to…

Mac Jones Discovers Floating Body Near Hotel, Prompting Police Investigation

Mac Jones finished Thursday night with one of the most impressive QB…