US unexpectedly lost 23,000 jobs in July as slump in growth continues

The Guardian Business · Published 4h ago

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US unexpectedly lost 23,000 jobs in July as slump in growth continues

Estimates for previous two months were revised down sharply but unemployment rate held steady at 4.1% Business live – latest updates US employers unexpectedly lost 23,000 jobs in July and gains for the previous two months were revised down sharply by a combined 103,000 jobs, painting a weaker pictur

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Economic policy shifts like this can affect borrowing costs, prices and everyday spending.

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Corroboration★☆☆☆☆Carried by one newsroom so far

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Central bank response
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Ripple EffectPolicy→Markets→Prices→Consumers

Why It Matters

Economic policy shifts like this can affect borrowing costs, prices and everyday spending.

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