US Edition
Economy Likely Created 115,000 Jobs in July as Labor Market Loses Momentum
UNITED STATES, AUG 1 – U.S. job growth slowed to an estimated 110,000 new jobs in July as tariff-driven inflation persists and the Federal Reserve maintains interest rates without cuts.
- In July, U.S. job growth likely slowed, with the unemployment rate forecast rising to 4.2%, but this probably won't prompt the Federal Reserve to cut rates soon.
- Amid uncertainty over trade duties, President Donald Trump imposed a 35% duty on many goods from Canada, slowing job growth, economists say.
- The Fed held its rate at 4.25%-4.50%, with Chair Jerome Powell saying, 'You do see a slowing in job creation, but also in a slowing, slowing in the supply of workers.'
- The July jobs report is unlikely to shake the Fed out of its 'wait-and-see' posture, said Gregory Daco, and financial markets have delayed a September rate cut to October.
- Economists forecast that in the coming months, job growth will slow well below trend, with tariffs raising inflation and closing the window for policy easing this year.
46 Articles
46 Articles
Is US economy nearing recession? July jobs report shows rise in unemployment rate
US job growth slowed sharply in July 2025, with unemployment rising to 4.2 per cent and past job gains revised down, fuelling recession fears and pressuring the Fed to consider cutting interest rates.
'Chaos': Dems batter Trump as they launch all guns blazing attack on abysmal jobs report
The shockingly weak July jobs report sent the country reeling Friday, with Democratic lawmakers sounding the alarm that the economy is about to suffer even more under the "big, beautiful bill" that the GOP just passed. Bloomberg's Joe Weisenthal reported that the only two major job sectors that expe...
Tariffs and 'big, beautiful bill' will boost labor market: White House
The White House is downplaying this month’s jobs report, contending that the uncertainty the economy was grappling with over President Donald Trump‘s tariffs and whether Congress would pass the One Big Beautiful Bill Act is over. In response to the Bureau of Labor Statistics reporting that only 73,000 were added to the economy in July and that 258,000 fewer jobs were added in May and June than previously reported, White House Council of Economic…
Observador
Noticias ao MinutoWith the trade war and the most restrictive immigration measures, unemployment rate in the United States increased by 4.2% in July, with the number of unemployed increased by 221,000.
The Bakersfield Californian
First American Properties CEO Michael S. Eisenga: Labor Market Data Offers Stark Warning of ...
COLUMBUS, Wis., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Michael S. Eisenga, CEO of First American Properties LLC, has issued a sober assessment of the U.S. economy following the latest July employment report, calling the labor market figures a "clear inflection…
Coverage Details
Bias Distribution
- 48% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
