Economists' expectations were not met as job gains slowed down. The number of jobs added was the lowest in seven months. A report showed that businesses added a limited number of jobs, totaling 38,000.

Previous months also saw modest job gains, with 20,000 jobs added in June. The economy even lost jobs in July, with a loss of 23,000.

Further information on the hiring patterns and their complexities can be found in the latest report, which also touches on the effects of inflation and demographic change on wage growth.