The Zhitong Finance App learned that according to data released by ADP Research on Wednesday, the number of new jobs added in the US private sector in July was 44,000, lower than market expectations. This is the smallest increase since the beginning of the year, indicating that the recent strong recruitment momentum has cooled down. The previous value was revised to 95,000. The new jobs added in July fell short of all economists' expectations in the survey. Despite the slowdown in recruitment, the report shows that the salary growth rate of job jumpers has accelerated to the highest level in nearly a year.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that according to data released by ADP Research on Wednesday, the number of new jobs added in the US private sector in July was 44,000, lower than market expectations. This is the smallest increase since the beginning of the year, indicating that the recent strong recruitment momentum has cooled down. The previous value was revised to 95,000. The new jobs added in July fell short of all economists' expectations in the survey. Despite the slowdown in recruitment, the report shows that the salary growth rate of job jumpers has accelerated to the highest level in nearly a year.