The Employment Situation-July 2025

While the job market held steady in July 2025, momentum was modest with just 73,000 jobs added. Health care and social assistance continued to show growth, even as federal government jobs declined. The unemployment rate stayed at 4.2%, with long-term unemployment ticking upward. Despite revisions that lowered May and June numbers significantly, hourly wages and workweeks inched upward—hinting at resilience in the private sector.