According to the ADP National Employment Report for July, 2026, private sector employment increased by 44k jobs. ADP says sector-level hiring was choppy last month, but pay sent a clear signal. Year-over-year pay for job-changers accelerated to its fastest pace of growth in nearly a year. The ADP National Employment Report is an independent and high-frequency view of the private-sector labor market based on the aggregated and anonymized payroll data of more than 26 million U.S. employees.
“Job-changers are highly sensitive to real-time economic conditions, and their rapid pay growth implies supply constraints in parts of the labor market. Typical hiring patterns, meanwhile, are changing as employers react to shifting macro-economic conditions.” Said ADP chief economist Dr. Nela Richardson.
Click here to read the full report at ADP.
