The Zhitong Finance App learned that the US non-farm payrolls report for July was released, and the data signals were conflicting, leaving investors confused about their judgment on the real state of the labor market. According to the data, the number of non-farm payrolls in the US unexpectedly fell by 23,000 after the July seasonal adjustment, the first decline since February; the unemployment rate fell slightly to 4.1% in July, the lowest level since June 2025.

The Zhitong Finance App learned that the US non-farm payrolls report for July was released, and the data signals were conflicting, leaving investors confused about their judgment on the real state of the labor market. According to the data, the number of non-farm payrolls in the US unexpectedly fell by 23,000 after the July seasonal adjustment, the first decline since February; the unemployment rate fell slightly to 4.1% in July, the lowest level since June 2025.