US Unexpectedly Lost 23,000 Jobs in July as Growth Slump Continues

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Economy

8 August 2026 at 2:05 am

US Unexpectedly Lost 23,000 Jobs in July as Growth Slump Continues

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Summary

The US unexpectedly lost 23,000 jobs in July, and previous months' gains were revised down sharply by 103,000 jobs, indicating a weaker labor market than previously thought, though the unemployment rate remained steady at 4.1%.

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