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Employers unexpectedly cut jobs in July amid strain from the Iran War

Post author:vivaanbhagat170@gmail.com
Post published:August 7, 2026
Post category:News
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Employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left…

Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

Post author:vivaanbhagat170@gmail.com
Post published:August 7, 2026
Post category:News
Post comments:0 Comments

The U.S. job market unexpectedly stalled in July. A report Friday from the Labor Department shows that employers cut 23,000 jobs last month, and job gains for May and June…