Survey Shows US Employment Slowed in July

UKG said employee growth within the US, across a wide range of industries, grew by 1.1% from mid-June to mid-July, coinciding with the period in which the Federal Government Employment Survey was conducted. That was about half of the 2% growth rate seen between May and June before the massive national jobs report for June showed an additional 850,000 jobs added to payrolls.

The data points to a slowdown in US employment in July – not holding as widely expected – with especially softness among states that ended federal unemployment benefits and regions where the delta virus is spreading.