A worker prepares to lift a steel beam with a crane at Central Steel Supply Company in Marlborough, Mass., on March 13, 2025. Joseph Prezioso/AFP via Getty Images
The U.S. economy created a smaller-than-expected 73,000 new jobs in July, causing concerns that the labor market could be in trouble.
But while the headline number signaled a potential slowdown ahead, changes to initial estimates over the last two months have captured Wall Street’s attention.
