July Job Growth Falls Short of Expectations With 44,000 Added

WHO:

Fox Business - ADP, a payroll processing firm, reported the job growth figures.

Bloomberg Markets - Michael McKee reported on the job growth figures on Bloomberg Television.

WHAT:

Fox Business - The private sector added 44,000 jobs in July, which is below economists’ expectations of a gain of 70,000 jobs.

Fox Business - The previous month's job figure was revised to a gain of 95,000 payrolls.

Fox Business - Education and health services led job creation with 36,000 positions added.

Fox Business - Financial activities added 10,000 jobs, professional and business services gained 9,000, and other services added 6,000.

Fox Business - Leisure and hospitality lost 11,000 jobs, trade, transportation and utilities lost 8,000, and natural resources and mining lost 6,000.

Fox Business - Large businesses (500 or more employees) gained 13,000 jobs, businesses with 50 to 499 employees gained 8,000, and establishments with fewer than 50 employees gained 23,000 jobs.

Fox Business - Pay for people staying in their roles increased by 4.4% from the prior year, while pay for those changing jobs accelerated to 7%.

WHERE:

Fox Business - The job growth figures pertain to the United States.

WHY:

Fox Business - Nela Richardson, ADP's chief economist, stated that job-changers are sensitive to real-time economic conditions, indicating supply constraints in parts of the labor market.

HOW:

Fox Business - The report indicates that typical hiring patterns are changing as employers react to shifting macro-economic conditions.

(UPDATED August 5, 2026 18:31 UTC)

ADP, a payroll processing firm, has reported that the private sector added 44,000 jobs in July, falling short of economists' expectations for a gain of 70,000 jobs, while the previous month's figure was revised to a gain of 95,000 payrolls. Education and health services led the way with 36,000 new positions, but leisure and hospitality saw a loss of 11,000 jobs, highlighting changing hiring patterns as employers respond to shifting economic conditions. Nela Richardson, ADP's chief economist, noted that job-changers are increasingly sensitive to real-time economic conditions, reflecting supply constraints in parts of the labor market.