US Economy Unexpectedly Loses 23,000 Jobs in July
The US economy unexpectedly shed 23,000 jobs in July, indicating a weakening labor market. This significant loss surprised analysts, though the entertainment industry saw a slight uptick in employment.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (75/100)Sources
The economy shed 23,000 jobs in July as labor market weakened
The labor market weakened in July, as myriad headwinds weigh on the economy, but the unemployment rate ticked down to 4.1 percent.
By Lauren Kaori Gurley
Read full article →U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according to the Dow Jones consensus.
Read full article →U.S. Lost 23,000 Jobs In July, But Entertainment Industry Saw An Uptick
The U.S. economy lost 23,000 in July, while the unemployment rate fell slightly to 4.1%. The figures showed declines in local government education and retail trade, according to the figures from the Bureau of Labor Statistics. The job loss was unexpected, with analysts estimating a gain of as much as 100,000. Jobs in movies and […]
By Ted Johnson
Read full article →
