The U.S. Bureau of Labor Statistics on Friday reported seasonally adjusted nonfarm payrolls declined by 23,000 in July, versus market expectations for roughly a 80,000 gain. June payrolls were revised down to a 20,000 increase. The unemployment rate eased to 4.1%, while the labor force participation rate slipped to 61.4%, the lowest in over five years.

2026-08-07

The U.S. Bureau of Labor Statistics on Friday reported seasonally adjusted nonfarm payrolls declined by 23,000 in July, versus market expectations for roughly a 80,000 gain. June payrolls were revised down to a 20,000 increase. The unemployment rate eased to 4.1%, while the labor force participation rate slipped to 61.4%, the lowest in over five years.