·Confidence 90%·Breaking
US Job Losses in July Surpass Expectations Despite Lower Unemployment
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Key takeaways
- In July, the US economy lost 23,000 jobs, contrary to expectations of an 80,000 gain, while the unemployment rate fell to 4.1% from 4.2%.
Analysis
In July, the US economy lost 23,000 jobs, contrary to expectations of an 80,000 gain, while the unemployment rate fell to 4.1% from 4.2%.
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