---
title: "ADP: US private payrolls rose just 54K in August, down from 106K in July"
description: "That's below consensus estimates of 68k, that’s well below the 2010–2025 average of 148K. For context: the series hit a record 1.25M in Aug ’21 and plunged to -6.1M in April ’20."
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [ADP: US private payrolls rose just 54K in August, down from 106K in July](https://blog.syzgroup.com/syz-the-moment/adp-us-private-payrolls-rose-just-54k-in-august-down-from-106k-in-july)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Sep 4, 2025, 2:12:03 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/adp-us-private-payrolls-rose-just-54k-in-august-down-from-106k-in-july)

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