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US Economy Adds 73,000 New Jobs in July, Fewer Than Market Estimates

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US Economy Adds 73,000 New Jobs in July, Fewer Than Market Estimates

A hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times

The U.S. economy added a smaller-than-expected number of new jobs last month as the labor market continues to cool.

In July, payroll growth slowed to 73,000, new Bureau of Labor Statistics data show.

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