Payden Economics Team Jobs Day Cheat Sheet for July 2026

Our View In One Line: An across-the-board weak jobs report may give Fed policymakers enough reasons to stay on hold in September.
Sector BreakdownCurrent Month % of Total12-Month Change% of Total
Total-23k100.0%+316k100.0%
Government-53k230.4%-315k-99.7%
Leisure & Hospitality-40k173.9%+83k26.3%
Education & Health Services+25k-108.7%+550k174.1%
Construction+22k-95.7%+82k25.9%
Professional & Business Services+18k-78.3%+115k36.4%
Financial Activities-14k60.9%-114k-36.1%
Information+11k-47.8%-81k-25.6%
Other Services+9k-39.1%+49k15.5%
Manufacturing+5k-21.7%-14k-4.4%
Trade, Transportation & Utilities-4k17.4%-36k-11.4%
Mining & Logging-2k8.7%-3k-0.9%