“Don’t put too much stock in a single report, but don’t ignore the fact that the plane is starting to shake,” a senior economist said.
An article from
BLS jobs report
“Don’t put too much stock in a single report, but don’t ignore the fact that the plane is starting to shake,” a senior economist said.
Published Aug. 7, 2026
Construction workers look up at a building in New York City, N.Y. on July 7, 2026. Employment numbers for June and May were also revised downward by a total of 103,000 jobs, indicating a wider slowdown than previously reported.
Hiring is expected to show a sharp slowdown in July, even as Fed policymakers insist the labor market is in solid shape.
The August jobs report showed the labor market has significantly cooled and isn't presenting many opportunities for job seekers.
"This implies that the weak gains in payrolls in recent months might have something to do with the supply of labor."
The summer of layoffs is real.
The report suggests the labour market may be starting to falter amid rising prices, and it could prompt the Federal Reserve to…
Chief economists and CIOs sounded gloomy notes. LPL Financial's Jeffrey Roach calculated that 105.8 million Americans have left…
US jobs report for July 2026 reveals employment trends
