US hiring seen growing at a solid pace in July even as the broader economy cooled

The American economy has added jobs for a record 106 consecutive months, even as broader growth slows.

Government data out Friday is expected to show hiring continued to pick up at a healthy pace in July despite a cooling economy. Economists predict the monthly Labor Department report will show the US added 165,000 nonfarm payrolls last month. The results would mean the labor market added jobs for a record 106 straight months, even as the sugar high from tax cuts fades and as President Donald Trump escalates tariff disputes with some of the US's largest trading partners.

Government data out Friday is expected to show hiring continued to pick up at a healthy pace in July despite a cooling economy. Economists predict the monthly Labor Department report will show the US added 165,000 nonfarm payrolls last month. The results would mean the labor market added jobs for a record 106 straight months, even as the sugar high from tax cuts fades and as President Donald Trump escalates tariff disputes with some of the US's largest trading partners.

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