Author Topic: Private sector added 54,000 jobs in August, below expectations, ADP say  (Read 93 times)

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Online mystery-ak

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 September 4, 2025 8:20am EDT
Private sector added 54,000 jobs in August, below expectations, ADP says
ADP releases private sector jobs data

    By Matthew Kazin FOXBusiness



Companies in the private sector added 54,000 jobs in August, payroll processing firm ADP said Thursday.

The figure is below economists’ estimates of a gain of 65,000 jobs and down sharply from the prior month’s reading of 104,000.

"The year started with strong job growth, but that momentum has been whipsawed by uncertainty," said Nela Richardson, ADP's chief economist. "A variety of things could explain the hiring slowdown, including labor shortages, skittish consumers, and AI disruptions."

Leisure and hospitality added 50,000 positions, leading job creation in August. Construction added 16,000 jobs, professional and business services added 15,000 and information contributed 7,000.


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https://www.foxbusiness.com/economy/private-sector-added-54000-jobs-august-below-expectations-adp-says
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Offline IsailedawayfromFR

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Re: Private sector added 54,000 jobs in August, below expectations, ADP say
« Reply #1 on: September 04, 2025, 10:12:50 am »
The figure is below economists’ estimates of a gain of 65,000 jobs and down sharply from the prior month’s reading of 104,000.

Written to make it seem all economists estimate this.  Could this perhaps not be true?

And could this also be influenced by illegals losing their jobs? 
“You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.” Thomas Sowell