EconomyUS economy unexpectedly lost 23,000 jobs in July amid summer hiring slump
A summer hiring slowdown weighed on the US labor market in July. The economy unexpectedly shed 23,000 jobs during the month. The Bureau of Labor Statistics released the new data on Friday. The figures point to continued weakness in employment conditions. The decline came as hiring remained subdued across the labor market.
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CNN★★★★☆2026-08-07 12:51Original
US economy unexpectedly lost 23,000 jobs in July amid summer hiring slump