Today: 28 October 2025
2 September 2021
1 min read

US private sector adds only 374,000 jobs in Aug

The latest data released on Wednesday “has highlighted a downshift in the labour market recovery”, said Nela Richardson, chief economist at ADP….reports Asian Lite News

Private companies added 374,000 jobs in August, fewer than expected, indicating a slowing labour market recovery amid a Delta variant-fuelled Covid-19 resurgence, payroll data company Automatic Data Processing (ADP) reported.

The latest data released on Wednesday “has highlighted a downshift in the labour market recovery”, said Nela Richardson, chief economist at ADP.

“We have seen a decline in new hires, following significant job growth from the first half of the year.”

In the second quarter, the private sector saw an average monthly job growth of roughly 748,000 amid vaccination progress and continued economic recovery, according to the report, which was produced by the ADP Research Institute in collaboration with Moody’s Analytics.

In July, however, private companies added a downwardly revised 326,000 jobs, a marked slowdown from the second quarter.

Despite the slowdown, Richardson noted that job gains are approaching 4 million this year, while adding that it’s still 7 million jobs short of pre-pandemic levels.

Service providers continue to lead growth, with 329,000 jobs added in the month, although the Delta variant creates “uncertainty” for this sector, Richardson said, noting leisure and hospitality made up 201,000 of the job gains.

Large firms and medium-sized businesses hired about 138,000 and 149,000 workers, respectively, while small companies added some 86,000 employees, the ADP report showed, indicating an unbalanced recovery across different company sizes.

The ADP report came two days ahead of the crucial monthly employment report to be released by the Labour Department’s Bureau of Labour Statistics, which will include employment data from both the private sector and the government.

ALSO READ: Covid surge wearing US out in multiple sectors

Previous Story

Putin says US presence in Afghanistan ended in tragedies

Next Story

Abu Dhabi lifts quarantine rule for vaccinated passengers

Latest from -Top News

Gazans Struggle to Revive Life

Today, Gaza’s markets seem to awaken from beneath the ruins. Partially destroyed shops opened their doors amid streets littered with debris, while merchants attempt to arrange what remains of their goods on

GAZA AID: MSF raps Israel

Doctors Without Borders (MSF) says Israel Continues to Use Aid as a Weapon of War Against Gaza Strip…reports Asian Lite News Doctors Without Borders (MSF) said that despite the ceasefire agreement, Israel

Qatar Emir Meets Trump

HH the Amir welcomed HE the US President and his accompanying delegation, expressing his pleasure at meeting the President during his stopover in Qatar…reports Asian Lite News HH the Amir Sheikh Tamim

Abu Dhabi leads future of food innovation

Global Food Week 2025 cements Abu Dhabi’s leadership in food innovation, uniting 75 countries to showcase sustainable agriculture, cutting-edge technologies, and women-led enterprises driving future food security….reports Asian Lite News Global Food

UAE reshapes AI council

The newly reconstituted Council will be chaired by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan serving as Vice-Chairman….reports Asian Lite
Go toTop

Don't Miss

Sanctions on 34 firms over Russia, Iran, China ties

Commerce Department says sanctions were imposed for their involvement or

US urges Iran to dilute all its weapons-grade uranium

It is not clear why Iran downblended the material….reports Asian