#United States #New York #Labor Market #US Economy #Revelio Labs

US Labor Market Overview: July 2026

In the latest data released by Revelio Labs, the US labor market recorded a notable addition of 79,200 jobs in July 2026. This monthly report from Revelio Public Labor Statistics (RPLS) offers deep insights into the employment landscape, showcasing trends that define the current state of the economy. The health care and manufacturing sectors were significant contributors to this job increase, reflecting ongoing shifts in employment dynamics.

Key Insights from July's Reports

The report indicates a downward trend in both hiring and attrition rates, suggesting a low-hire, low-fire environment. Although this may signal a cautious approach from employers, there was a 0.3% increase in active job postings from June, hinting at a potential stabilization in labor demand.

Salary levels for new job postings also continued their upward trajectory, with an overall increase of 2.0% month over month, driven predominantly by sectors such as Professional and Business Services, Public Administration, and Leisure and Hospitality. This growth is indicative of both rising labor demand and a competitive job marketplace.

Sector-by-Sector Breakdown

The significant job growth was primarily seen in the Health Care and Social Assistance, alongside the Manufacturing sectors. Major employers like HCA Healthcare and Kaiser Permanente led the charge in health care, while Tesla and Lockheed Martin represented substantial growth in manufacturing roles.

Conversely, the Leisure and Hospitality sector experienced notable setbacks, with significant job losses primarily attributed to companies like Starbucks and Inspire Brands. The reductions in this sector underline the challenges facing businesses that rely heavily on consumer footfall and dining experiences.

Economic Commentary

Lisa Simon, Chief Economist at Revelio, commented on the current state of the job market: “Job growth remained positive in July, but the pace has slowed considerably. Even as health care and manufacturing continue to expand their workforce, the overall hiring dynamics indicate a subdued environment.” Despite these challenges, minor improvements in job postings could provide a glimmer of optimism in a generally cautious economic atmosphere.

Revelio's Methodology

The Revelio Public Labor Statistics offer a comprehensive view that is built from over 100 million US profiles, providing a macroeconomic perspective on labor market trends that beats traditional surveys in scope and accuracy. By closely mirroring the national workforce, these statistics help fill crucial information gaps, giving businesses and policymakers the relevant data needed to make informed decisions.

The available metrics cover areas such as total nonfarm employment, job openings, employee hiring, and attrition rates, as well as salary data broken down by industry and state. These insights make RPLS a valuable resource for understanding labor market transitions rapidly and effectively.

Conclusion

Overall, the July data illustrates a labor market grappling with both growth and challenges. The increase in jobs marks a positive development, yet the pace of change calls for prudent observation in the months to come as we navigate the overall economic climate. Revelio Labs continues to be at the forefront of gathering and disseminating data that is essential for understanding and navigating the complexities of the workforce in the United States.

For further details, head to the full report on Revelio Labs' website and explore the data behind these trends.