US Loses 23,000 Jobs in July, Unemployment Rate Falls
US employers unexpectedly cut jobs in July and hiring over the previous two months was revised lower. 23,000 jobs were lost, the estimate was for a gain of 80,000 jobs....
By Bloomberg Markets · Bloomberg Markets
US employers unexpectedly cut jobs in July and hiring over the previous two months was revised lower. 23,000 jobs were lost, the estimate was for a gain of 80,000 jobs. The unemployment rate fell to 4.1% from 4.2%. Bloomberg's Michael McKee reports. (Source: Bloomberg)