Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels.

July's jobs report came with stunning revisions to data that the U.S. Department of Labor had previously reported for May and June. Why it matters: Along with static hiring in July, the numbers for the previous two months point to danger ahead for the U.

The US job market slowed substantially in July and was much weaker than first estimated for prior months, suggesting President Donald Trump’s trade policy may be stifling hiring.