Overview

• Overall employment grew by 171,000 year-on-year in July to 29.03 million, extending recovery from late 2024.
• Manufacturing recorded a 13th consecutive month of losses with 78,000 fewer jobs, and construction slumped by 92,000 for its 15th straight decline.
• Consumption coupons from a supplementary budget were distributed late in July, but their effects did not appear in the latest labor data.
• Public health and social welfare hiring surged by 263,000 and science and technology services added 91,000 positions.
• Workers aged 60 and above drove growth with 342,000 new jobs, contrasting with declines among those in their 20s and 40s.