1 August 2025 | 11:19AM EDT USA: Payroll Growth Below Expectations and Revised Sharply Lower in Prior Months; Unemployment Rate Rises BOTTOM LINE: Nonfarm payrolls rose 73k in July, below expectations. Payroll growth was revised down by 133k to 14k in June and by 125k to 19k in May, or 258k cumulatively across the two months. The cumulative revision was roughly evenly split between the public and private sectors, with state and local government education accounting for most of the revision to public payroll ...

The US economy added 147,000 jobs in June. That was more than expected. The unemployment rate fell slightly to 4.1%.Average hourly earnings still a little light. That's your paycheck. The paycheck growing 3.7% over the past year.So if you have a job, you're being compensated for it. So the headlines here are all pretty sturdy. Private sector was not what was really driving things.It was state government jobs driving this job growth. So seeing the weakest private sector job growth since last October. ...

RT Bloomberg Opinion (@opinion)BREAKING: Jobs Day Data 📊*US JUNE AVERAGE HOURLY EARNINGS RISE 0.2% M/M; EST. +0.3%*US JUNE UNEMPLOYMENT RATE 4.1%; EST. 4.3%https://t.co/YQY6XVjGCR ...