New jobs report shows unexpected loss as White House tries to ‘sound optimistic

New jobs report shows unexpected loss as White House tries to ‘sound optimistic

July jobs report reveals unexpected loss of 23,000 jobs

Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.

U.S. Economy Unexpectedly Lost 23,000 Jobs in July, Signaling a Weakening Labor Market

The July jobs report delivered a surprise loss, putting the Fed in a tough spot between fighting inflation and protecting workers.

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

Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.

Here are three key takeaways from the disappointing July jobs report

Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.

Jobs report shows US unexpectedly lost jobs in July

The U.S. lost 23,000 jobs in July, government data showed.

GM economic report highlights 7,000 local jobs, impact in Flint

US unexpectedly lost 23,000 jobs in July as slump in growth continues

Estimates for previous two months were revised down sharply but unemployment rate held steady at 4.1% Business live – latest updates US employers unexpectedly lost 23,000 jobs in July and gains for the previous two months were revised down sharply by a combined 103,000 jobs, painting a weaker picture of the labor market than past data indicated. The unemployment rate, however, held steady at 4.1%. Economists had projected an unchanged unemployment rate and 83,000 new jobs for the month. Continue reading...

U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report.