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Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

Business · en

Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

NPR · Aug 7, 2026, 1:10 PM UTC

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.