DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News Business Economy

Employers added 73,000 jobs in July, falling short of forecasts

August 1, 2025
in Economy, News
Employers added 73,000 jobs in July, falling short of forecasts
497
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the labor market is downshifting. 

The numbers

Hiring was weaker than expected by economists, who had forecast payroll gains of 115,000 jobs last month, according to a poll by FactSet. 

The unemployment rate rose to 4.2%, up from 4.1% in June. 

The Labor Department also sharply revised job growth for May and June by a combined 258,000, a sign that hiring earlier this year was weaker than previously estimated.

What it means

Some market analysts said the subpar job growth in July suggests that stepped-up U.S. tariffs on the country’s economic partners is weighing on the labor market.

“Today’s Jobs report is unambiguously soft and a reflection of the trade and tariff impact on economic growth,” said Art Hogan, chief market strategist at B. Riley Wealth. “Both the actual report and the big negative revisions are more evidence that the trade policy will slow growth.”

Ger Doyle, a regional president at ManpowerGroup, said that hiring is softening as economic pressures mount. 

Mary Cunningham

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at “60 Minutes,” CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The post Employers added 73,000 jobs in July, falling short of forecasts appeared first on CBS News.

Share199Tweet124Share
White House advances plan for Department of War as Trump looks to restore historical military title
News

White House advances plan for Department of War as Trump looks to restore historical military title

by Fox News
August 30, 2025

NEWYou can now listen to Fox News articles! The White House is pushing to rebrand the Pentagon, confirming Saturday plans ...

Read more
Crime

Bones Found During Manhunt for Father Accused of Murdering His 3 Little Girls

August 30, 2025
News

Full of expectations, Arch Manning struggles as top-ranked Texas falls at No. 3 Ohio State

August 30, 2025
News

Maxine Waters Says Trump’s Actions Warrant 25th Amendment Review

August 30, 2025
News

Republican Sen. Joni Ernst won’t seek reelection next year, source says

August 30, 2025
Tennis Star Apologizes For ‘No Education’ Outburst at U.S. Open

Tennis Star Apologizes For ‘No Education’ Outburst at U.S. Open

August 30, 2025
How to Watch Rice vs Louisiana: Live Stream NCAA College Football, TV Channel

How to Watch Rice vs Louisiana: Live Stream NCAA College Football, TV Channel

August 30, 2025
Real Madrid beat Mallorca in La Liga, scoring twice in two minutes

Real Madrid beat Mallorca in La Liga, scoring twice in two minutes

August 30, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.