Women accounted for almost all of August payroll gains


Jobseekers speak with a recruiter during the Catalyst Career Group Dallas Job Fair in Dallas, Texas, US, on Wednesday, July 29, 2026.

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There’s a group to thank for August’s blockbuster jobs report: women.

Women accounted for 158,000 — or around 98% — of the 162,000 jobs added in the month, according to a CNBC analysis of data released Friday by the Bureau of Labor Statistics.

Men represent the remaining 4,000 net positions added, meaning their contribution to overall payroll growth was nearly 40 times smaller.

The Economic Security Project, a progressive nonprofit, first pointed out the anomaly in Friday’s data.

With Friday’s report, the gap between the number of jobs held by women compared with men climbed to levels never before seen, according to Laura Ullrich, director of economic research at the Indeed Hiring Lab.

“We are in the midst of a shift,” Ullrich said. “It is changing right before our eyes.”

Women outperform

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Crosscurrents

The seasonally adjusted unemployment rate for women came in at 3.9% in August, down 0.4 percentage points from the same month a year prior. The male rate jumped to 4.4%, equal to where it sat in August 2025.

Strength among women helped Friday’s overall nonfarm payrolls figure blow past expectations for August. The 162,000-role expansion was more than triple what economists forecasted.

To be sure, Heather Long, Navy Federal Credit Union’s chief economist, noted that month-to-month data by gender can be volatile in a Friday social media post. Instead, she said to focus on longer-term trends tied to gender.

Long said those trends show a “mom-cession,” a term used to describe the phenomena of mothers of young children leaving the workforce.

Because women tend to earn less than men, Ullrich said winning a higher share of jobs could mean companies are focusing hiring on lower-wage roles. Given that women are more likely to have multiple jobs, Ullrich said some of the gains could stem from workers who are stretching themselves thin.

“You could look at it and say, ‘Yay, women,'” Ullrich said. But, “I don’t think it’s necessarily a positive story for women overall.”

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