Category: U.S.

A hand using scissors to cut a paper with the word "JOBS" on it
U.S.

U.S. Employers Unexpectedly Cut Jobs in July as Labor Market Cools

Carter Lindqvist•

The U.S. labor market delivered a significant surprise on August 7 as government data showed employers unexpectedly reduced payrolls in July, providing the latest evidence that hiring conditions have weakened after several years of unusually strong labor demand.

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