US Job Growth Slows to 73,000 in July Amid Market Uncertainty
TL;DR Summary
The U.S. labor market showed signs of weakening in July, with only 73,000 new jobs added—below expectations—and a slight rise in the unemployment rate to 4.2%. Job gains for the previous two months were revised downward, indicating a potential slowdown amid economic uncertainty, tariff policies, and immigration restrictions. Economists warn that these factors could further dampen job growth, despite the labor market remaining relatively resilient so far.
- Employers Pulled Back on Hiring, Adding 73,000 Jobs The New York Times
- U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower CNBC
- US labor market adds 73,000 jobs in July while unemployment rate hits 4.2% Yahoo Finance
- Live: Analysis of US Jobs Report for July Bloomberg
- The job market is showing signs of weakness as Trump's tariffs take effect NPR
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