{"id":6981,"date":"2025-08-01T14:53:04","date_gmt":"2025-08-01T14:53:04","guid":{"rendered":"https:\/\/otetmarkets.com\/blog\/?p=6981"},"modified":"2025-08-01T14:53:05","modified_gmt":"2025-08-01T14:53:05","slug":"us-nonfarm-payrolls-july-2025","status":"publish","type":"post","link":"https:\/\/otetmarkets.com\/blog\/news\/us-nonfarm-payrolls-july-2025\/","title":{"rendered":"U.S. Nonfarm Payrolls Disappoint in July 2025 with Just 73K New Jobs"},"content":{"rendered":"\n<p>The <strong>U.S. nonfarm payrolls<\/strong> report for July 2025 delivered a significant downside surprise, with just <strong>73,000 jobs added<\/strong>, well below economists\u2019 expectations of 110,000. Even more striking were <strong>sharp revisions to previous months<\/strong>: June\u2019s figure was slashed from 147,000 to just 14,000, while May\u2019s number was revised down by 125,000. In total, <strong>258,000 fewer jobs<\/strong> were added in May and June than initially reported, signaling that the labor market may be <strong>cooling more rapidly<\/strong> than previously thought.<\/p>\n\n\n\n<p>This marks one of the weakest three-month periods for job growth since 2020, raising fresh questions about the strength of the U.S. economic recovery and the <strong>Federal Reserve\u2019s path for interest rates<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-video\">\n  <a href=\"https:\/\/otetmarkets.com\/prblog\" target=\"_blank\">\n    <video height=\"500\" style=\"aspect-ratio: 1312 \/ 500;\" width=\"1312\" autoplay loop muted playsinline>\n      <source src=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/04\/Otet-Banner-en-2.mp4\" type=\"video\/mp4\">\n      Your browser does not support the video tag.\n    <\/video>\n  <\/a>\n<\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-where-did-job-gains-occur\"><br><strong>\ud83d\udcca Where Did Job Gains Occur?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"482\" src=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/08\/slider-16-1-1024x482.webp\" alt=\"us nonfarm payrolls july 2025\" class=\"wp-image-6985\" srcset=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/08\/slider-16-1-1024x482.webp 1024w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/08\/slider-16-1-300x141.webp 300w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/08\/slider-16-1-768x361.webp 768w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/08\/slider-16-1.webp 1312w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Despite the overall weakness, <strong>health care<\/strong> continued to be a bright spot in the labor market:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>+55,000 jobs<\/strong> in health care\n<ul class=\"wp-block-list\">\n<li>+34,000 in ambulatory health care services<\/li>\n\n\n\n<li>+16,000 in hospitals<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>+18,000 jobs<\/strong> in social assistance<\/li>\n<\/ul>\n\n\n\n<p>By contrast, employment was <strong>little changed<\/strong> across most other major sectors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Construction<\/li>\n\n\n\n<li>Manufacturing<\/li>\n\n\n\n<li>Retail and Wholesale Trade<\/li>\n\n\n\n<li>Transportation and Warehousing<\/li>\n\n\n\n<li>Financial Activities<\/li>\n\n\n\n<li>Leisure and Hospitality<\/li>\n<\/ul>\n\n\n\n<p>On the downside, <strong>federal government employment<\/strong> fell by 12,000 in July and is now <strong>84,000 below its January 2025 peak<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Read More: <a href=\"https:\/\/otetmarkets.com\/blog\/news\/us-jobs-report-in-june\/\" target=\"_blank\" rel=\"noreferrer noopener\">US Jobs Report in June Beats Expectations<\/a><\/strong><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways-from-july-2025-nonfarm-payrolls\"><br><strong>Key Takeaways from July 2025 Nonfarm Payrolls<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nonfarm payrolls rose by 73K<\/strong>, missing the 110K forecast<\/li>\n\n\n\n<li><strong>June revised sharply down<\/strong>: from 147K \u2192 14K<\/li>\n\n\n\n<li><strong>May also revised down<\/strong> by 125K<\/li>\n\n\n\n<li><strong>Health care led job growth<\/strong> with 55K new jobs<\/li>\n\n\n\n<li>Federal government jobs <strong>continued to decline<\/strong><\/li>\n\n\n\n<li>Weak job growth could affect the Fed\u2019s rate decisions<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-u-s-employment-data-snapshot\"><br><strong>U.S. Employment Data Snapshot<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Category<\/th><th>July 2025<\/th><th>June 2025 (rev)<\/th><th>May 2025 (rev)<\/th><\/tr><\/thead><tbody><tr><td>Nonfarm Payroll Change<\/td><td>+73K<\/td><td>+14K<\/td><td>(Cut by 125K)<\/td><\/tr><tr><td>Health Care Jobs<\/td><td>+55K<\/td><td>N\/A<\/td><td>N\/A<\/td><\/tr><tr><td>Social Assistance<\/td><td>+18K<\/td><td>N\/A<\/td><td>N\/A<\/td><\/tr><tr><td>Federal Government Jobs<\/td><td>-12K<\/td><td>&#8211;<\/td><td>&#8211;<\/td><\/tr><tr><td>Net Downward Revision (M+J)<\/td><td>&#8211;<\/td><td>-258K<\/td><td>&#8211;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-market-amp-policy-implications\"><strong>Market &amp; Policy Implications<\/strong><\/h3>\n\n\n\n<p>The weak jobs report and substantial downward revisions will likely fuel speculation that the <strong>Federal Reserve<\/strong> may hold off on further interest rate hikes or even <strong>consider cuts sooner than anticipated<\/strong>. Slowing job growth, especially in sectors outside of health care, points to waning momentum in the broader economy. Markets will be closely watching upcoming <strong>CPI and PCE inflation data<\/strong>, as well as <strong>Fed Chair Powell\u2019s next speech<\/strong>, for clues on policy direction.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-s-your-take\"><strong>What\u2019s Your Take?<\/strong><\/h3>\n\n\n\n<p>Are we seeing a turning point in the U.S. labor market? \ud83d\udcbc<br>Drop your thoughts in the comments or share this article with fellow market watchers!<\/p>\n\n\n\n<p><a href=\"https:\/\/tradingeconomics.com\/united-states\/non-farm-payrolls\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. nonfarm payrolls report for July 2025 delivered a significant downside surprise, with just 73,000 jobs added, well below economists\u2019 expectations of 110,000. Even more striking were sharp revisions to previous months: June\u2019s figure was slashed from 147,000 to just 14,000, while May\u2019s number was revised down by 125,000. In total, 258,000 fewer jobs [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,2],"tags":[],"class_list":["post-6981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-economy-news","category-news"],"_links":{"self":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=6981"}],"version-history":[{"count":1,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6981\/revisions"}],"predecessor-version":[{"id":6986,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6981\/revisions\/6986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media\/6984"}],"wp:attachment":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=6981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=6981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=6981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}