ADP: US private-sector job growth slows to 38,000 in August

Pay growth cooled, with base pay up 3.2% year over year; gross pay rose 4.7%.

Job-changers still outpaced job-stayers, with base pay up 4.7% versus 3%; gross pay rose 7.3% versus 4.4%.

ADP’s August 2026 report showed US private-sector payrolls rose 38,000, the slowest job growth since January.

Hiring leaned on services, up 48,000, led by education and health services; goods-producing jobs fell 10,000 on manufacturing losses.

Large employers drove gains, adding 34,000 jobs; small firms added 3,000; medium-sized employers were flat.