employment situation
July 2026 Jobs Report: Not Falling, Just Stuck — and There's not much The Fed Can Do About It
Key Takeaways * Payrolls “fell” 23,000, but that is statistically indistinguishable from zero — and the drop was likely a government-education seasonal quirk. Private payrolls actually rose 30,000. * The revisions are the story: May and June were cut by a combined 103,000, and the 12-month average is
