Jobs growth was slower than expected in July, and the unemployment rate rose, showing signs of trouble for the labor market. Nonfarm payroll was slightly up.

Private sector employment leapt forward in the United States this month while pay gains held steady, according to ADP.

July jobs growth slowed amid rising signs Trump’s tariffs are weighing on trade, prices and hiring

Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate.

Jobs growth was slower than expected in July, and the unemployment rate rose, showing signs of trouble for the labor market. Nonfarm payroll was slightly up.