#USNonFarmPayrollReport

The US non-farm payroll report for July 2025 shows slower job growth than expected, with 73,000 new jobs added, below the estimated 110,000.

This indicates a cooling labor market, which could affect the Federal Reserve's decisions on interest rates.

*Highlights:*

- *Job Growth:*

73,000 new jobs added in July, below the expected 110,000.

- *Unemployment Rate:* Remained stable at 4.2%.

- *Industry Growth:*

The healthcare sector saw significant growth with 55,000 new jobs, while the manufacturing and mining/energy sectors experienced job losses.

- *Average Hourly Earnings:*

Increased by 0.3% month-over-month and 3.9% year-over-year.

*Impact on the Economy:*

- Slower job growth could lead to potential interest rate cuts by the Fed in September to stimulate the economy.

- Non-farm payroll affects the US dollar, bond markets, and stock markets, making this report important for market movements.