
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.



