# US Jobs Report Falls Short of Projections

- Topic: business
- Source: Video published by Yahoo Finance
- Published: 2026-08-07
- Original: https://www.youtube.com/watch?v=1WrwD3giWi0
- Language: en

The latest US jobs report revealed a decline of 23,000 jobs in July, exceeding expectations. This follows a revised downward estimate of 20,000 jobs in June. Manufacturing jobs, however, showed a stronger-than-expected growth. Average hourly earnings and the labor force participation rate also saw slight adjustments.

## Key takeaways

- US jobs report showed a decline of 23,000 jobs in July
- Manufacturing jobs grew more than expected
- Average hourly earnings ticked up by 3.2% on a year-over-year basis
- Labor force participation rate decreased to 61.4%

> Summary by Daily Read Bytes. Read the original at https://www.youtube.com/watch?v=1WrwD3giWi0