Last month, 44,000 new jobs were created in the US private sector. Analysts had forecasted 75,000. Official employment data will be released on Friday.
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US businesses are facing the consequences of the war in the Middle East, which has caused energy prices to rise sharply worldwide. Gasoline prices have increased, and companies have also been affected by rising inflation.
In July, 11,000 jobs were lost in the leisure and accommodation sectors, and 8,000 jobs in the trade, transport, and utilities sectors.
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However, 36,000 new jobs were created in the education and healthcare services sectors, and 2,000 in the manufacturing sector.
According to ADP data, the wage growth of employees who changed jobs increased to seven percent. This was the highest annual growth since last August.
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The wage growth of those who did not change jobs remained stable at 4.4 percent.
