US Employers Unexpectedly Cut 23,000 Jobs in July, Signaling Weakening Labor Market

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

7 Aug, 13:10 — 7 Aug, 13:10

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NPRHigh24d ago

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.

By Scott Horsley

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US Employers Unexpectedly Cut 23,000 Jobs in July, Signaling Weakening Labor Market

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Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

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