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El Paso's Job Market Shows Signs of Recovery Ahead of Key Report

KVIA•Wednesday, July 1, 2026 at 7:34 PM•CNN Newsource

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AI Summary

The labor market in the U.S. has shown signs of improvement after a prolonged period of stagnation, with an average addition of 188,000 jobs per month since March. This marks a significant increase compared to last year’s average of fewer than 10,000 jobs monthly. The upcoming jobs report, set for release on Thursday, July 4, is expected to reveal whether this trend continues, with estimates predicting around 100,000 new jobs and an unemployment rate holding steady at 4.3%. Key sectors driving this growth include healthcare and construction, spurred by demographic shifts and advancements in AI. The report will also shed light on wage growth, which has been lagging behind inflation, impacting workers' purchasing power.

Key Details: • Jobs report to be released on Thursday, July 4. • Estimates predict 100,000 new jobs and a steady unemployment rate of 4.3%. • Focus on healthcare and construction sectors for job growth. • Wage growth is expected to rise slightly but remains below inflation.

economy jobs employment labor-market wage-growth

People & Organizations

Nela RichardsonADPHeather LongNavy Federal Credit UnionDean BakerCenter for Economic and Policy ResearchJoe BrusuelasRSM US

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