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ADP Reports Job Growth
- The ADP National Employment Report shows private sector employment increased by 54,000 jobs in August 2025.
- Annual pay rose 4.4% in August 2025, per ADP Research and the Stanford Digital Economy Lab.
- The analysis uses payroll data from 26 million U.S. private-sector employees.
- Dr. Nela Richardson, ADP's chief economist, said hiring slowed after early-year strength due to labor shortages and consumer uncertainty.
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