U.S. employers added a disappointing 73,000 jobs in July as payroll growth slowed amid President Donald Trump 's sweeping import tariffs , intensifying immigration crackdown and massive federal layoffs .

Even more concerning: Job gains for May and June were revised down by a whopping 258,000, portraying a much weaker labor market than believed in late spring and early summer and raising the odds the Federal Reserve will cut interest rates in September.

The unemployment rate rose from 4.1% to 4.2%, the Labor Department said Friday.

Before the report was released, economists had estimated that 105,000 jobs were added in July.

How's the job market right now?

Economists believed the labor market has been remarkably resilient in recent months despite Trump's economic policies, addi

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