Nonfarm Payrolls: Insights And Analysis

The latest Nonfarm Payrolls Report came in at 22,000 jobs added. This was below the 75,000 estimate. The labor market is getting substantially weaker since May 2025, when tariffs were implemented. Tariffs have likely caused employees to pull back on hiring and take a wait-and-see' approach to the economy. Consumers are also struggling, as seen from the latest reports from retailers. The job creation trend is weakening quickly with the Federal Reserve now expected to cut three times into year-end. The issue remains inflation, which is creeping higher. Investors should remain cautious with stocks near all-time highs.