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U.S. Job Growth Stalls: Black Unemployment Hits 7.2%

8/6/2025

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Story summary
  • The U.S. economy created 73,000 jobs in July, maintaining a 4.2% unemployment rate.
  • Black unemployment increased to 7.2%, nearly double the 3.7% rate for white workers.
  • Long-term unemployment rose by 179,000, reaching 1.8 million individuals.
  • Job growth was strongest in health care, while federal jobs decreased by 12,000.
  • Average hourly earnings saw modest growth, reaching $36.44.