July jobs growth slowed amid rising signs Trump’s tariffs are weighing on trade, prices and hiringUS politics live – latest updatesThe US economy added 73,000 jobs in July, far lower than expected, amid ongoing concerns with Donald Trump’s escalating trade war.Forecasters surveyed by Bloomberg had predicted the July jobs report would show a drop in added jobs of around 109,000. The unemployment rate rose to 4.2% from 4.1% in June. Continue reading…https://www.theguardian.com/business/2025/aug/01/jobs-report-july-trump-tariffs-trade-war
No jobs report again. But these numbers show how the U.S. economy is doing.
Investors are set to miss out on the second U.S. jobs report in a row due to the government shutdown, but there’s enough scattered evidence to suggest the economy is hanging in there.