Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says [View all]
Source: CNBC
Published Thu, Sep 4 2025 8:15 AM EDT Updated 8 Min Ago
U.S. private sector hiring rose less than expected in August, data released Thursday shows, offering the latest indication of trouble in the labor market.
Private payrolls increased by just 54,000 in August, according to data from processing firm ADP published Thursday morning. That’s below the consensus forecast of 75,000 from economists polled by Dow Jones and marks a significant slowdown from the revised gain of 106,000 seen in the prior month.
“The year started with strong job growth, but that momentum has been whipsawed by uncertainty,” said Nela Richardson, ADP’s chief economist, in a press release.
Richardson pointed to rising worries from consumers, labor shortages and disruptions tied to artificial intelligence as potential drivers of this decrease in growth.
Read more: https://www.cnbc.com/2025/09/04/adp-jpb-data-august-2025.html
This is the 3rd party "private sector" monthly jobs report that comes out just ahead of the government's unemployment report.
Article updated.
Original article -
U.S. private sector hiring rose less than expected in August, data released Thursday shows, offering the latest indication of trouble in the labor market.
Private payrolls increased by just 54,000 in August, according to data from processing firm ADP published Thursday morning. That's below the consensus forecast of 75,000 from economists polled by Dow Jones and marks a significant slowdown from the gain of 104,000 seen in the prior month.
"The year started with strong job growth, but that momentum has been whipsawed by uncertainty," said
Nela Richardson, ADP's chief economist, in a press release. Richardson pointed to rising worries from consumers, labor shortages and disruptions tied to artificial intelligence as potential drivers of this decrease in growth.
Jobs tied to trade, transportation and utilities saw particular weakness in August, with the group losing 17,000 roles on net, according to the ADP. Education and health services followed, recording a decline of 12,000 jobs.
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