Jobs report shows US unexpectedly lost jobs in July
U.S. economy unexpectedly loses 23,000 jobs in July
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Summary
U.S. economy unexpectedly loses 23,000 jobs in July. The unemployment rate in July stood at 4.1%, down from 4.2% in June. The four-week average of initial jobless claims dipped below 200,000 for the week ending Aug.
Furthermore, The lackluster figure recorded in July departs from largely resilient performance for the labor market so far in 2026, despite a historic oil shock that has driven up fuel prices and hiked supply-chain costs for a host of other goods. The U.S. lost 23,000 jobs in July, according to the federal government's monthly jobs report, which marked a decline from 57,000 jobs added in June. While hiring remains stagnant, layoffs recently hit their lowest level in two years, recent data shows , reinforcing the "low fire, low hire" label economists have used to characterize the labor market.
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U.S. economy unexpectedly loses 23,000 jobs in July.
reliability moderate2/2 sourcesThe unemployment rate in July stood at 4.1%, down from 4.2% in June.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
The four-week average of initial jobless claims dipped below 200,000 for the week ending Aug.
according to CBS News — LatestThe lackluster figure recorded in July departs from largely resilient performance for the labor market so far in 2026, despite a historic oil shock that has driven up fuel prices and hiked supply-chain costs for a host of other goods.
according to ABC News — Top StoriesThe U.S. lost 23,000 jobs in July, according to the federal government's monthly jobs report, which marked a decline from 57,000 jobs added in June.
according to ABC News — Top StoriesWhile hiring remains stagnant, layoffs recently hit their lowest level in two years, recent data shows , reinforcing the "low fire, low hire" label economists have used to characterize the labor market.
according to CBS News — Latest
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The unemployment rate in July stood at 4.1%, down from 4.2% in June.
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