Jobs report expected to show weakness in labor market

The federal government will publish data on Friday morning which, according to experts, could not appease concerns concerning a slowdown in the job market.

Analysts believe that the United States has added 75,000 jobs in July, which would be a slight improvement compared to 73,000 in June. However, this would put the total of the start of the year at 672,000, unless there are more than 1.1 million during the same period last year.

“The American economy seems to have stagnated” since July, Citi analysts said in a note this week. They have cited a separate survey of the federal reserve published on Wednesday which has shown little or no increase in economic activity or employment in recent weeks.

The monthly job of Labor Statistics (BLS) jobs is closely monitored by economists to provide an instantaneous economy. This will be particularly examined: it will be the first since President Donald Trump dismissed the head of the agency, Erika Mcentarfer, on accusations of publication of inaccurate data. This is an accusation that traditional economists have rejected while lifting serious concerns that MCentarfer’s dismissal may politicize a non -partisan statistical agency.

Trump’s choice to replace MCENTARFER, EJ Antoni, received criticisms for having distorted the data and, before the announcement of his appointment, called to break the monthly job report, which, according to economists, is likely to disturb the world economy.

Trump’s allies rallied behind the appointment. “EJ Antoni is one of the strongest economic minds of the nation – a series of intrepid truth that seizes that the healthy economy must serve the interests of American families, not the globalist elites,” said Kevin Roberts, president of the Heritage Foundation, in a statement. Antoni is chief economist of the Heritage Foundation. He awaits confirmation of the Senate.

Other signs of a stagnant job market stood up before Friday’s report. On Tuesday, BLS said that hiring and shooting rates were mainly unchanged in August compared to the previous month. He also pointed out that job offers dropped in July at the lowest in 10 months, although a separate measure followed by the job site has indeed shown that new job offers gradually increases since mid-July.

The private payroll supplier ADP reported on Thursday that only 54,000 jobs had been added in August, lower than estimates. Challenger, Gray and Christmas Consultancy said that the dismissal announcements last month had increased by 39% from July, while employers announced their intention to add only 1,494 jobs in August, the lowest total for the month that started following Challenger the follow -up of hiring plans in 2009.

In addition to the impact of federal layoffs and expense reductions, more employers cite economic and market factors – including the effect of Trump’s prices – to explain the slowdown in hiring, as well as closings and bankruptcy of stores, he said.

“September, it is usually when we start to see great seasonal hiring announcements, who predict how retailers expect the holiday season to take place. Coming out the lowest August never recorded for hiring plans, it can be a disturbing sign,” said Challenger.

It also takes more time for unemployed people to find work – about two and a half months at the median, a duration not seen since 2017. More workers also completely abandon the workforce, which could be the result of the repression of Trump’s immigration, which could force workers born abroad.

Managers of the Trump administration and their allies suggested that dropouts increase employment growth for Americans born by natives, but several analysts say that data behind these affirmations are only products of statistical oddity. The unemployment rate for Americans born by natives amounted to 4.7%, in July, the highest level in eight years.

“It seems likely that the Trump administration will use Friday’s job report to continue to assert that their immigration policies create labor market opportunities for workers born in the United States, but this assertion is false and based on a poor reading of household survey data,” Ben Zipper, main economist of the Institute of Economic Policy on Left, wrote.

“If anything, the labor market for workers born in the United States is worse so far in 2025 than in previous years.”