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The Memo: Weak jobs report clouds economy as Trump barrels toward midterms

The Hill·August 8, 2026·1 min read
The Memo: Weak jobs report clouds economy as Trump barrels toward midterms

The latest employment report showed the US shedding 23,000 jobs in July, surprising economists who had predicted over 80,000 jobs would be created. Democrats seized on the weak jobs data as the economy clouds ahead of the midterms. The report came as an unpleasant surprise to most experts canvassed by Dow Jones.

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