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US Loses 23,000 Jobs in July, Unemployment Rate Falls
Bloomberg Television· 2026-08-07 13:20
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 ...
X @Wu Blockchain
Wu Blockchain· 2026-08-07 12:38
JUST IN: U.S. July Nonfarm Payrolls Fall by 23K, Unemployment Rate Drops to 4.1%U.S. nonfarm payrolls fell by 23,000 in July, well below market expectations for an increase of 80,000. The previous reading was revised down from a gain of 57,000 to 20,000. The unemployment rate fell to 4.1%, below expectations of 4.2% and down from 4.2% previously. ...
X @Bloomberg
Bloomberg· 2026-08-07 12:33
RT Bloomberg Opinion (@opinion)@foxjust @keds_economist JOBS DAY NEWS 🚨US July Unemployment Rate 4.1%; Est. 4.2%US July Two-Month Payroll Net Revision Subtracts 103,000US July Nonfarm Payrolls Fall 23k M/M; Est. +80kWATCH LIVE: https://t.co/2iStO8d1L6 ...