Surprise fall in US jobs last month as slow summer continues

US economy loses 23,000 jobs in July despite expectations of growth: What went wrong The United States economy experienced an unexpected loss of jobs during the month of July which has raised new questions regarding how strong the U.S. Labour Market is and whether or not the…

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

The US economy unexpectedly lost 23,000 jobs in July, signalling a further slowdown in hiring as employers faced growing economic uncertainty, according to new data from the Bureau of Labor Statistics.The unemployment rate fell to 4.1 percent from 4.2 percent, largely because…

Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed

Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.