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Surprise fall in US jobs last month as slow summer continues

Surprise fall in US jobs last month as slow summer continues

Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.

August 7, 2026 at 12:59 PM Original source
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Notable Quotes

"Expectations of interest rates being raised had been 'scaled back', since the decision last month."

— Nancy Vanden Houten , Academic

"The US jobs market was weaker 'by some distance'."

— Neil Birrell , Executive

"He wants to bring inflation down."

— Kevin Warsh , Executive

All Coverage

Surprise fall in US jobs last month as slow summer continues
BBC Newsvia rss 3 quotes 3 persons

Analysts had expected an uptick in the number of jobs created, but the number of roles fell by 23,000 in July.

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