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Cover of the US Market Briefing for August 2026

Insight Subjects

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US Market Briefing: August 2026

Content Insights

  • Payrolls fell by 23,000 in July, with May and June revised down by a combined 103,000
  • Unemployment was 4.1%, while labour force participation fell to 61.4%
  • Wages grew 3.2% year-on-year, below CPI inflation of 3.4%
July’s payroll decline, downward revisions and shrinking labour force point to weaker hiring, while inflation continues to outpace wage growth

The August 2026 US Market Briefing examines July’s payroll decline, downward revisions, a shrinking labour force, and the implications of inflation and hiring trends for employers. Read the full report below.

Open or download the full US Market Briefing for August 2026 (PDF)