United States: ADP Employment Report - Nonfarm Employment (Monthly Change)

Macro

2026-08-05

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Published by
ADP (Choice)
Frequency
Monthly
Next Update
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AI Data Insight

US 2026-07-01 (Q3 2026) ADP newly added jobs plummeted to 44,000, far below the previous value of 98,000 in 2026-06-01 (Q2 2026) and the market consensus of 70,000. Although the service sector barely supported overall employment, the goods-producing sector contracted, and the wage growth of job-changers unexpectedly surged, highlighting that the labor market slowdown is still accompanied by structural supply constraints.

AI Data Insight

US 2026-07-01 (Q3 2026) ADP newly added jobs plummeted to 44,000, far below the previous value of 98,000 in 2026-06-01 (Q2 2026) and the market consensus of 70,000. Although the service sector barely supported overall employment, the goods-producing sector contracted, and the wage growth of job-changers unexpectedly surged, highlighting that the labor market slowdown is still accompanied by structural supply constraints.

Description

-

Published by
ADP (Choice)
Frequency
Monthly
Next Update
Hashtags