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3:09
MSN
CNN
'Not going to cut it': What the latest jobs report tells us about the economy
US employers cut 23,000 jobs in July — far below forecasts for a 95,000 gain — after June’s total was revised down to 20,000, signaling growing caution amid AI adoption, higher oil prices, policy uncertainty and the war with Iran, even as unemployment fell to 4.1%.
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BREAKING: The U.S. economy unexpectedly lost jobs in July, demonstrating a wobbly labor market as shoppers continued to withstand a surge of inflation set off by the Iran war. The U.S. lost 23,000 jobs in July, according to the federal government's monthly jobs report, which marked a decline from 57,000 jobs added in June. #jobs #economy #inflation #news #abcnews
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BREAKING: The U.S. economy unexpectedly lost jobs in July, demonstrating a wobbly labor market as shoppers continued to withstand a surge of inflation set off by the Iran war. The U.S. lost 23,000 jobs in July, according to the federal government's monthly jobs report, which marked a decline from 57,000 jobs added in June. #jobs #economy #inflation #news #abcnews
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