Labor Market Stays Afloat As Hiring Tops Forecasts—Again
1. Unemployment rate fell to 4.1%, beating forecasts of 4.3%. 2. 147,000 nonfarm jobs added, surpassing the expected 110,000. 3. Job growth in first half of 2025 dropped 37% compared to 2024. 4. Private sector jobs shrank by 33,000, significantly below estimates. 5. Federal employment decreased by 69,000 this year amid government cutbacks.