Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of August.
ADP said private sector employment rose by 132,000 jobs in August after jumping by 268,000 jobs in July. Economists had expected employment to surge by 288,000 jobs.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.