U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

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Last edited Fri Aug 1, 2025, 09:08 AM - Edit history (1)

Source: CNBC

Published Fri, Aug 1 2025 8:30 AM EDT Updated 4 Min Ago


Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market.

Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels.

At the same time, the unemployment rate rose to 4.2%, in line with the forecast.

The June total came down from the previously stated 147,000, while the May count fell to just 19,000, revised down by 125,000.



Read more: https://www.cnbc.com/2025/08/01/jobs-report-july-2025.html

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From the source -

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Both payroll employment (+73,000) and unemployment rate (4.2%) change little in July #BLSData #EmpSit https://bls.gov/news.release/archives/empsit_08012025.htm
8:30 AM · Aug 1, 2025

Good morning DU - please stay tuned for DU's dedicated economy analysts to provide us with the deep dives into the data and TGIF.

Article updated.

Previous article -

Published Fri, Aug 1 2025 8:30 AM EDT Updated 3 Min Ago


Nonfarm payroll growth was lower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market.

Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels.

At the same time, the unemployment rate rose to 4.2%, in line with the forecast.

The June total came down from the previously stated 147,000, while the May count fell to just 19,000, revised down by 125,000.


This is breaking news. Please refresh for updates.

Original article/headline -

U.S. job growth slows to 73,000 in July, less than expected

Published Fri, Aug 1 2025 8:30 AM EDT

Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate. The unemployment rate was expected to be 4.2%.

This is breaking news. Please refresh for updates.