Private-Sector Hiring Missed Expectations In July — ADP Report
By Jessica Coacci
Hiring by private-sector employers grew less than expected in July, human-resources company ADP said.
Private companies added a net 44,000 jobs in July after adding a revised 95,000 jobs in June, ADP said Wednesday morning. Economists polled by The Wall Street Journal expected to see 75,000 new private-sector jobs added.
Hiring gains continued to be posted in the education-and-health sector, which added 36,000 new jobs. The leisure-and-hospitality sector was a laggard, shedding 11,000 jobs.
"Job-changers are highly sensitive to real-time economic conditions, and their rapid pay growth implies supply constraints in parts of the labor market," said ADP Chief Economist Nela Richardson.
The ADP report precedes additional jobs data from the Labor Department Friday. ADP's report is based on anonymized payroll data from more than 26 million U.S. employees in the private sector. The Labor Department's employment report includes both private and public-sector jobs and is based on separate government surveys.
Before ADP's numbers were released economists had been expecting Friday's job report to show 83,000 jobs added in July and the unemployment rate to hold at 4.2%.
Write to Jessica Coacci at jessica.coacci@wsj.com
(END) Dow Jones Newswires
August 05, 2026 08:45 ET (12:45 GMT)
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