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U.S. private-sector jobs rise 44,000 in July, below forecast as hiring slows

U.S. private-sector jobs rise 44,000 in July, below forecast as hiring slows

ADP’s July report showed a modest private payroll gain, with June revised down, services accounting for all net hiring and wage growth remaining stronger for job-changers than for workers who stayed put.

Fact Check
The ADP official press release via PR Newswire directly confirms every element of the claim: +44,000 private-sector jobs in July, June revised down (98,000 to 95,000), services driving net hiring (+47,000), and job-changer pay growth accelerating to 7.0%, its fastest since August 2025 (nearly a year). Trading Economics independently corroborates these figures and confirms the 44K result was below the 70K forecast, matching the 'below forecast as hiring slows' framing.
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Summary

U.S. private-sector employment increased by 44,000 in July, below market expectations of 68,000 and down from a revised 95,000 in June, according to ADP’s national employment report. Service-sector employment rose by 47,000 while the goods-producing sector lost 3,000 jobs, leaving services responsible for all net hiring. The report, prepared by the ADP Research Institute with the Stanford Digital Economy Lab and based on payroll data from more than 26 million private-sector employees, showed annual wage growth of 4% for job-stayers and 7% for job-changers. ADP Research Institute Chief Economist Nela Richardson said the stronger pay gains for workers changing jobs pointed to supply constraints in parts of the labor market and reflected employers adapting hiring patterns to shifting macroeconomic conditions.

Terms & Concepts
  • job-stayers: Workers who remain with the same employer and whose pay growth is tracked separately from people who switch jobs.
  • job-changers: Workers who move to a different employer and often show different wage-growth trends from those who stay put.
  • goods-producing sector: The part of the economy that includes industries such as manufacturing, construction and natural resources.