US economy unexpectedly lost 23,000 jobs in July as hiring stalled

NewsFri, 07 Aug 2026 12:37:03 UTC1 hour ago
US economy unexpectedly lost 23,000 jobs in July as hiring stalled

The unexpected job market decline in July 2026 signals economic softening, complicating the Fed's inflation control efforts and impacting sectors reliant on consumer and government spending.

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