The July jobs report is in, and it is a discouraging sign for an economy that continues to weigh on Americans’ minds. BREAKING: U.S. nonfarm payrolls fell 23,000 in July, while the unemployment rate edged down to 4.1% from 4.2%. Fox Business: “No rebound for the July jobs report… A disappointing jobs report. pic.twitter.com/wVWkICOJ1d — RedWave Press (@RedWavePress) August 7, 2026Fox Business Lauren Simonetti: “Revisions for June down by 37,000 [jobs], May down by 66,000 [jobs], combined 103,000 fewer jobs created in the months of May and June.” "The strength is what we've seen before, construction workers, manufacturing workers, and so on," the Director of the National Economic Council Kevin Hassett said.