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July U.S. labor data show sharp hiring slowdown: 73k jobs added, prior months revised -258k, jobless rate at 4.2%, participation at 62.2%. Wage growth stagnates; health care sole driver. Market sees 89% odds of Fed rate cut in September.

The unemployment rate has declined throughout 2025, reaching 8.6% in June, equivalent to 8.9% after seasonal adjustment. This reduction has been supported by strong employment growth, mainly in smaller urban areas and rural regions, and largely driven by informal jobs.

In May 2025, remittances to Mexico fell 4.6 % compared to the same month of the last year, to 5,360 million dollars. In contrast, remittances to Guatemala (2,281 million, +15.2 %), Honduras (1,055 million, +19.1 %), and El Salvador (899 million, +17.7 %) reached record highs.

Colombia's national unemployment rate in April 2025 was 8.8%, lower than the 10.6% observed a year prior. Seasonally adjusted, the April rate also stood at 8.8%, marking the lowest recorded since 2015.

Despite rising uncertainty and early signs of cooling, the U.S. labor market remains broadly balanced, driven by services, stable participation, and moderated wage growth. However, risks from policy shifts and slower job openings are building.

Over the past five years, from December 2019 to March 2025, the employed population in the United States grew by 4.7 million, of which 92.4% (4.3 million) were of Hispanic or Latino origin, reflecting the great importance of this population in the current economy of that country.

The national unemployment rate in January 2025 was 11.6%, while the seasonally adjusted rate was 9.4%, staying below 10% for the third straight month. The strong performance of the unemployment rate is due to positive labor market dynamics, with employment accelerating its growth since late 2024.

The labor market in 2024 performed well in terms of job creation and showed an acceleration in the last three months. The average unemployment rate was 10.2% in 2024, the same as in 2023. However, in the last quarter, it dropped to 9.7% (seasonally adjusted), in line with the increase in job creation.