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

CNBC Economy·September 2, 2026·1 min read
Private payrolls rose by 38,000 in August, less than expected, ADP reports

Private payrolls rose by 38,000 in August, the smallest gain since January, ADP reported. The increase was less than expected and reflects a broader slowdown in the labor market. Job creation remained positive but at a reduced pace, signaling cooling employment conditions.

Read at CNBC Economy
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