The red flag in this report is rising wages for job changers, that's a sign of second-round inflation effects. "Job-changers are highly sensitive to real-time economic conditions, and their rapid pay growth implies supply constraints in parts of the labor market. Typical hiring patterns, meanwhile, are changing as employers react to shifting macro-economic conditions," said ADP chief economist Nela Richardson. In terms of sectors:Education/health +36KFinancial services +10KConstruction +1KTrade/transport/utilities -8KLeisure/hospitality -11KThat's too much government-adjacent work and not enough of the rest. The decline in hospitality might be an unwind from the World Cup.