Face The Nation(@FaceTheNation):The job market unexpectedly shrank in July, with employers shedding 23,000 jobs — far below the 83,000 in job gains economists expected. Unemployment ticked down to 4.1% as more workers abandoned their job search. May and June hiring was also revised down by a combined 103,000 jobs.

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Face The Nation@FaceTheNation

2026.08.09 16:19

The job market unexpectedly shrank in July, with employers shedding 23,000 jobs — far below the 83,000 in job gains economists expected. Unemployment ticked down to 4.1% as more workers abandoned their job search. May and June hiring was also revised down by a combined 103,000 jobs.