In July, the U.S. added 73,000 jobs, below the expected 106,000.

The unemployment rate rose to 4.2%, in line with the expected 4.2%.

The June employment report was revised down, showing only an increase of 14,000 jobs.

The labor market seems to be weakening!

The unemployment rate has slightly increased, non-farm jobs fell short of expectations, and more critically, the non-farm numbers for May and June were actually revised down by 258,000...

If inflation data cannot force the Federal Reserve to cut interest rates, then let's use employment data instead!