BLS revised May 2026 payrolls down 66,000 and June down 37,000, a combined 103,000-job markdown that reframes recent labor market strength.

The BLS July 2026 jobs report drops August 7. Forecasts point to 80,000-100,000 new payrolls with unemployment steady at 4.2%.

U.S. employers shed 23,000 jobs and the unemployment rate fell to 4.1% in July, new Labor Department data shows.