The U.S. economy added a smaller-than-expected number of new jobs last month as the labor market continues to cool.
In July, payroll growth slowed to 73,000, new Bureau of Labor Statistics data show.
US Economy Adds 73,000 New Jobs in July, Fewer Than Market Estimates
June’s employment gains significantly adjusted downward to 14,000 from 147,000.
A hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
