July Jobs Report Unimpressive; Unemployment Up Slightly — RISMedia
By: Michael Catarevas | Published: 2025-08-01 15:17:00 | Source: www.rismedia.com
In an August 1 report on job growth from the Bureau of Labor Statistics (BLS), U.S. employers added 73,000 jobs in July, with the unemployment rate up slightly at 4.2%. Economists had predicted 100,000-plus jobs would be gained following 19,000 jobs added in May and 14,000 in June—both those numbers based on sharp downward revisions of previous data.
Hours after the release, President Donald Trump announced he was firing the head of the BLS, Erika McEntarfer, making unsupported allegations that data was being manipulated for political purposes. McEntarfer was nominated by former President Joe Biden, but also received overwhelming bipartisan support in the Senate.
Trump had not named a replacement for McEntarfer at press time.
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