2025 was marked by relatively strong job growth in the first few months, followed by cooling, with some months showing net job losses after revisions.

Nonfarm payrolls likely rose by 73,000 last month while the unemployment rate edged lower to 4.5%, according to the Dow Jones consensus.

2025 was marked by relatively strong job growth in the first few months, followed by cooling, with some months showing net job losses after revisions.