Weak US job creation raises concerns over labor-market health

United States

First seen: Sep 2, 2026, 4:46 PM UTCUpdated: Sep 2, 2026, 10:17 PM UTC

WHAT HAPPENED

ADP reported 38,000 jobs created in August, highlighting continued weakness in the US labor market. The report links the data to possible effects on gold prices.

SO WHAT?

A sharper labor-market slowdown could affect monetary policy, investor confidence and economic growth.

FOR ME

Impact on Switzerland

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MARKETS

Market impact

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COVERAGE

Reports behind this event

finance.yahoo.comen

US job openings rise slightly to 7.3 million as labor market remains sturdy despite higher costs

Sep 2, 2026, 10:17 PM UTC

theepochtimes.comen

US Private Payrolls Grow Just 38,000 in August, ADP Says

Sep 2, 2026, 5:01 PM UTC

kitco.comen

Can gold price catch a bid? US labor market continues to struggle as ADP says 38K jobs created in August

Sep 2, 2026, 4:46 PM UTC