Business

Private Payrolls Fall Short of Expectations

Updated 2026-09-02 12:25 UTC 1 source Negative

Private payrolls rose by only 38,000 in August, significantly lower than expected. This reflects a broader slowdown in the U.S. labor market.

Coverage timeline — 2 articles
CNBC
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
2026-07-01 12:15 UTC
CNBC
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
2026-09-02 12:15 UTC
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