US employers shed 23K jobs in July

By: Tim Henderson

Outlets: Stateline

Published: August 7, 2026

Words: 550

Last Updated: 1 week, 4 days ago

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U.S. employers shed 23,000 jobs in July, and the employment count for earlier months was revised downward by 103,000 jobs as labor shortages begin to weigh on hiring, according to new statistics released Friday by the federal Bureau of Labor Statistics.

“There’s no sugarcoating the overarching message in the July jobs report,” Mark Zandi, the chief economist at Moody’s Analytics, wrote in a social media post. “The economy is struggling. Job growth is …

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