US likely added nearly 100,000 jobs in July, but market is still tough for young and unemployed
Summary
The U.S. job market added nearly 100,000 jobs in July 2026, showing some improvement after weak hiring in 2025. Despite stable hiring and low layoffs, young people and those without jobs still find it hard to get work, as many unemployed have been out of work for a long time.Key Facts
- In July 2026, the U.S. likely added about 98,000 jobs, an increase from 57,000 in June.
- The unemployment rate dropped to 4.2% in June and stayed around that level in July.
- Layoffs are low, giving people who have jobs strong job security.
- About 27.5% of unemployed people in May had been without a job for six months or more.
- Hiring varies by industry: some companies struggle to find workers and pay higher wages, while others use technology to reduce hiring needs.
- Job growth in 2025 was very low, averaging fewer than 10,000 new jobs per month.
- Factors like President Donald Trump’s immigration policies and baby boomers retiring reduced the number of people looking for work.
- The number of new jobs needed each month to keep unemployment stable has fallen from about 155,000 to near zero.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
