American Economy Shed 23,000 Jobs in July

State of the Union: The job numbers for May and June were revised downward.

US labour market loses 23,000 jobs in July as education, government and retail sectors record significant declines.

The United States labour market suffered an unexpected setback in July, with the economy losing 23,000 jobs amid signs that employers are becoming increasingly cautious about hiring.

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June.

US economy loses 23,000 jobs in July as labor market weakens  USA Today

US economy unexpectedly loses 23,000 jobs in July  CNN

Labor Department data paints an unexpectedly bleak picture in July.

The figures mark a sharp reversal for the American labor market and a political setback for President Donald Trump, less than three months before his Republican party seeks to keep full control of Congress in the midterm election.

The figures mark a sharp reversal for the American labor market and a political setback for President Donald Trump, less than three months before his Republican party seeks to keep full control of Congress in the midterm election.

U.S. employers unexpectedly cut jobs in July, according to data released Friday by the Bureau of Labor Statistics.

The US economy unexpectedly lost 23,000 jobs in July, government data showed, a blow to US President Donald Trump’s claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.. The unemployment rate in the world’s largest economy ticked down to 4.1 per cent, according to data p

Lacklustre figure prompts traders to scale back bets on Fed rate rises

Labor Department revisions also shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% as Americans left the job market.

Trump said this week that Americans have “the greatest economy maybe in the history of the world.” Reality keeps pointing in the opposite direction.

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.

The economy lost 23,000 payroll jobs in July, the Bureau of Labor Statistics reported Friday, as businesses contended with the ongoing energy supply shock from the war with Iran. Forecasters had expected payroll job growth to be 88,000, adjusted for seasonal variations, so the report was a major miss and a bad sign for

The Bureau of Labor Statistics has revealed that the U.S. economy lost 23,000 jobs in July.

The U.S. economy shed 23,000 jobs in July, a sign that the labor market had not stabilized after four months of positive growth.

Zillow plans to lay off “just over 500 employees,” or about 7% of its workforce, as part of a company-wide restructuring. The Seattle-based online real estate company had 7,058 employees as of March 31. CEO Jeremy Wacksman made the announcement in a blog post on Tuesday, citing a “flat housing market” and “what is requ