FX.co ★ US Economy Adds 22K Jobs in August

In August 2025, the US nonfarm payrolls increased by 22,000, a noticeable decline from July's upwardly revised figure of 79,000 and falling short of market predictions set at 75,000. This slowdown highlights a cooling trend in the labor market. Gains were registered in the healthcare sector, with an addition of 31,000 jobs, and in social assistance, which saw an increase of 16,000 positions. However, these were tempered by job losses in the federal government, which shed 15,000 jobs due to budget cuts implemented by the White House, as well as in the mining, quarrying, and oil and gas extraction sectors, which collectively lost 6,000 jobs. Additional declines were noted in wholesale trade and manufacturing, each losing 12,000 positions. Most other major industries, including construction, retail trade, transportation and warehousing, information, financial activities, professional and business services, leisure and hospitality, and other services, saw minimal changes in employment levels. The payroll figures for June were adjusted downward by 27,000, while July's numbers were revised upward by 6,000. Consequently, the cumulative employment figures for June and July are 21,000 lower than initially reported.