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U.S. economy unexpectedly lost 23,000 jobs in July

CNBC Economy·August 7, 2026·1 min read
U.S. economy unexpectedly lost 23,000 jobs in July

The U.S. economy unexpectedly lost 23,000 jobs in July, according to the Dow Jones consensus. Nonfarm payrolls had been projected to increase by 83,000. The unemployment rate was expected to hold steady at 4.2%. The surprising decline continues a trend of a slow summer for the labor market.

Read at CNBC Economy
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