June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels.
At the same time, the unemployment rate rose to 4.2%, in line with the forecast.
The June total came down from the previously stated 147,000, while the May count fell to just 19,000, revised down by 125,000.
Stock market futures fell further after the news while Treasury yields also were sharply lower.
"This is a gamechanger jobs report," said Heather Long, chief economist at Navy Federal Credit Union.
The weak report, including the dramatic revisions, could provide incentive for the Federal Reserve to lower interest rates when it next meets in September.
On wages, average hourly earnings increased 0.3%, meeting the estimate, though the yearly gain of 3.9% was slightly higher than expected. »