Jobs Report Raises Alarm Over Falling Full-Time Employment, Expanding Government

Upon delving into the Bureau of Labor Statistics’ (BLS) monthly employment report, analysts discovered concerning trends that shed light on the current state of the U.S. labor market.

A "Now Hiring" sign in a Manhattan store in New York on May 6, 2022. Spencer Platt/Getty Images

News Analysis

Investors called the July jobs data a Goldilocks report. It wasn’t too hot or too cold, but just right for the Federal Reserve and the financial markets. The headline figure fell short of economists’ expectations, with 187,000 new jobs last month.