Private Sector Added Just 44K Jobs in July as Hiring Pace Slows Sharply

NewsData.io · United States · Aug 5, 2026

ADP's July report shows private sector payrolls grew by only 44,000 jobs, less than half of June's revised 95,000 gain, signaling a notable cooling in hiring momentum. Service-providing industries led growth with 47,000 jobs added, while goods-producing sectors shed 3,000. Pay for job-changers rose to 7.0% year-over-year — the highest since August 2025 — suggesting competitive pressure remains for recruiters placing candidates who are actively switching roles. ADP's chief economist noted that white-collar sectors including professional/business services and financial activities are holding steady or growing modestly despite AI-related concerns.