US Loses 23,000 Jobs in July, Unemployment Rate Falls

It is a disappointment, a kind of a surprise here that may throw some confusion into what's going on with the fed. -23,000 jobs. Uh, there have been people who've been forecasting that that might happen sometime soon.Ian Lyngen over at BMO. Turns out to be right. Today, the unemployment rate, though, drops to 4.1%.And I imagine what we're seeing there is another decline in the labor force. We'll take a look at that in just a second. Change in private payrolls.Uh, 30,000. And also the two months. Net revisio ...