Group 1 - The core point of the article highlights the impact of weak employment data on the Federal Reserve's monetary policy, increasing the pressure for a rate cut in September [1][4]. - The July non-farm payroll data showed a significant slowdown in job growth, with only 73,000 jobs added, far below the expected 110,000 [2]. - The revisions of previous months' employment data revealed a total downward adjustment of 258,000 jobs for May and June combined, indicating a deteriorating labor market [2][3]. Group 2 - The unemployment rate slightly increased from 4.1% in June to 4.2% in July, while the labor participation rate is declining, suggesting a weakening labor market [2][3]. - Economic uncertainties, including tariff policies and immigration restrictions, are contributing to the slowdown in job creation and hiring [3]. - Analysts are closely monitoring upcoming economic data, including CPI reports, to assess the likelihood of a rate cut by the Federal Reserve in September [5].