Solid Job Growth Masks Loss Of U.S. Labor Market Momentum
Allwork
JULY 3, 2025
job growth was unexpectedly solid in June, but nearly half of the increase in nonfarm payrolls came from the government sector, with private industry gains the smallest in eight months as businesses battled rising economic headwinds. Despite the bigger-than-expected rise in payrolls, job growth is slowing and concentrated in a few industries.
Let's personalize your content