YahooAugust 7, 2026 at 8:39 AM NY28 days ago
US economy shed 23,000 jobs in July, economists forecasted gain of 80K
The US economy shrank by 23,000 non-farm payroll jobs in July, according to the latest report from the US Bureau of Labor Statistics (BLS). This was far below economists' forecasts of a gain of 80,000, while the employment rate fell to 4.1%.
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