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Job market grim in August, reports top management consultancy

Rob Beschizza
Sep 04, 2025
∙ Paid

The battleship Bismarck being sunk in 1941

President Trump can replace the official statisticians with cronies, but he can't fire the press officers at management consultancies. According to ADP, the U.S. labor market slowed "dramatically" in August, adding just 54,000 jobs. Economists polled by Dow Jones had expected 75,000.

Private payrolls increased by…

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