US Job Growth Slows Sharply July May June Revised Down

Recent U.S. jobs data paints a bleak picture for President Donald Trump's economic stewardship, showing a significant slowdown in job growth during the summer months. July saw only 73,000 jobs added, far below expectations, with May and June revised downward by a combined 258,000 jobs, marking the weakest three-month period since the pandemic. Trump, despite campaigning on promises of robust job creation and economic resurgence, has criticized the Labor Department and Federal Reserve, accusing them of bias and mismanagement without evidence. Democrats have attributed the poor job numbers to Trump's policy agenda, including government cuts and erratic trade policies, arguing these have created economic uncertainty and hindered job growth. Economists and market analysts warn that Trump's tariffs and trade measures may exacerbate labor market weaknesses, contributing to market volatility and investor concerns. The data contrasts starkly with the previous administration's performance, which saw more than double the average monthly job creation in the comparable prior period.