Article

2025-08-02 Economy

BLS report for July: Weakening Job Growth

[BLS] Total nonfarm payroll employment changed little in July (+73,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.2 percent, also changed little in July. Employment continued to trend up in health care and in social assistance.

Federal government employment continued to decline in July (-12,000) and is down by 84,000 since reaching a peak in January. (Employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey.)

Revisions for May and June were larger than normal. The change in total nonfarm payroll employment for May was revised down by 125,000, from +144,000 to +19,000, and the change for June was revised down by 133,000, from +147,000 to +14,000. With these revisions, employment in May and June combined is 258,000 lower than previously reported.
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The 'jobs revised downward' phenomenon under Trump is similar to the same phenomenon under Biden.

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Today's jobs report is a consequence of the illegal alien labor purge: foreign-born workers down 4 months in a row, down 1.5 million since April.
Native-born workers up 383K in July pic.twitter.com/t4A2YdSBx7
— zerohedge (@zerohedge) August 1, 2025

Posted by Lord Garth 2025-08-02 00:00|| E-Mail|| Front Page|| ||Comments [49 views ] Top

#1 Numbers as reliable as a Fulton County vote count.

Posted by Super Hose 2025-08-02 11:13|| 2025-08-02 11:13|| Front Page || Comments Top

#2 US-born job gains outpace losses among immigrant workers

Posted by Skidmark 2025-08-02 11:43|| 2025-08-02 11:43|| Front Page || Comments Top

#3 The above comment is certainly deserving of "Snark O'The Day,"

Posted by Besoeker 2025-08-02 11:44|| 2025-08-02 11:44|| Front Page || Comments Top

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