Economics

U.S. Companies Add Fewer Jobs Than Forecast, ADP Data Show

Private payrolls advance 374,000 in August, short of estimates
Gains concentrated in hospitality, health care, construction

An employee coats bicycle frames with powder paint at a production facility in Manning, South Carolina.Photographer: Micah Green/Bloomberg

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By Reade Pickert

September 1, 2021 at 12:16 PM UTC

Updated on

September 1, 2021 at 12:35 PM UTC

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U.S. companies added fewer jobs than expected in August, reflecting persistent hiring challenges and suggesting a slowdown in the labor market recovery.