US economy added 73,000 jobs in July, far below expectations
BLS.GOV
'Large revisions'
SUMMARY

In July 2025, U.S. nonfarm payrolls grew by just 73,000, falling short of the 110,000 jobs expected. Large revisions slashed prior estimates: May’s job gains dropped 125,000 to 19,000, and June’s fell 133,000 to 14,000, revealing a 258,000-job overstatement.

The unemployment rate held at 4.2%, with 7.2 million unemployed. Health care added 55,000 jobs, and social assistance gained 18,000, but federal government shed 12,000 positions, down 84,000 since January. Long-term unemployment rose by 179,000 to 1.8 million, comprising 24.9% of the jobless.

Labor force participation dipped to 62.2%, down 0.5% yearly.

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