明天非农的“坏兆头”？美国8月“小非农”意外走软

Group 1 - The core point of the article indicates that the U.S. labor market is facing challenges, as evidenced by the lower-than-expected private sector job growth in August, which added only 54,000 jobs compared to the anticipated 65,000 [1][5] - ADP's Chief Economist Nela Richardson noted that the strong job growth seen earlier in the year has been significantly impacted by uncertainties, including rising consumer concerns, labor shortages, and disruptions related to artificial intelligence [4] - Employment in sectors related to trade, transportation, and utilities showed particular weakness, with a net loss of 17,000 jobs in August, while education and healthcare services also experienced a decline of 12,000 jobs [4] Group 2 - The report highlighted that wage growth remained stable in August, with pay for stayers increasing by 4.4% year-over-year and pay for job switchers rising by 7.1% [5] - The ADP report adds to the concerns regarding the labor market, especially following earlier data indicating that job openings and labor turnover (JOLTS) in July reached one of the lowest levels since 2020 [5] - Attention is now shifting to the upcoming non-farm payroll report, with economists predicting an addition of 75,000 non-farm jobs in August and a slight increase in the unemployment rate from 4.2% to 4.3% [5]