US economy loses 23,000 jobs in July, raises concerns for job seekers

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.

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

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.

The U.S. economy lost 23,000 jobs in July, and the unemployment rate dipped slightly to 4.1 percent, according to new data released Friday by the Bureau of Labor Statistics.  Economists had expected American employers to add 83,000 jobs and the jobless rate to hold steady at 4.2 percent last month, according to consens

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. Although, the unemployment rate fell to 4.1%. Forecasters had expected payroll job growth to be 88,000, so the report was a pretty big miss.

Payrolls across the American economy contracted by 23,000 jobs in July and the unemployment rate ticked down to 4.1 percent. The public sector's payrolls fell sharply, and the services sector hiring was soft, with a large contraction in retail and leisure. The goods-producing side of the economy, however, saw a solid e

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.

Around 592,000 Filipinos 15 to 24 years old enter the labor force for the first time in June, but only 310,000 of these young entrants find employment