US unemployment rate fell to 4.1% in July 2026, but total nonfarm payrolls declined by 23,000 and prior months were revised lower by 103,000 jobs

American businesses added fewer jobs in July than experts had predicted, with private payrolls up by just 44,000— the weakest increase this year. Conversely, job switchers enjoyed…

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