BURST

The job market is showing signs of weakness as Trump's tariffs take effect

Fri 2m read

The U.S. labor market was substantially weaker in the spring and early summer, according to a report Friday from the Labor Department. Employers added far fewer jobs than initially reported.

U.S. employers added just 73,000 jobs in July, according to a report from the Labor Department Friday, as the unemployment rate inched up to 4.2%. Job gains for May and June were also revised sharply lower.

(Image credit: Mario Tama)