Saturday, August 8, 2026
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Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

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.

Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market
Image: NPR Business

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.

(Image credit: Justin Sullivan)

Originally published at NPR Business

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