The news came out on Saturday, August 8, 2026, at 1:20 am.

The US lost 23,000 jobs in July.

Here is a short summary:

The US lost 23,000 jobs in July, according to the US Bureau of Labor Statistics.

The BLS also changed its numbers for the previous two months, saying 103,000 fewer jobs were created.

What will happen next?

The state of the economy will be important in the November elections.

The US lost many jobs, which is surprising because President Trump said the economy was doing well.

The US economy lost 23,000 jobs in July, which is a sign of a weak job market.

The unemployment rate is still 4.1 percent, which is good, but the number of people working is getting smaller.

The US population is getting older, and not as many people are moving to the US, which affects the job market.

President Trump has been trying to help the US economy by creating more jobs in factories and controlling inflation.

The US lost many jobs, even though President Trump said the economy was getting better.

Job growth was strong in March but got weaker in the next few months and was negative in July.

In addition to losing jobs in July, the BLS said fewer jobs were created in the previous two months.

Experts thought more jobs would be created in July, but that did not happen.

The loss of jobs and the change in numbers for the previous months will make people worry about the job market.

Fewer people are working in local government, education, and retail, but more people are working in healthcare.

More people are working in healthcare because many Americans are getting older and need medical help.

The retail industry lost 19,000 jobs, with fewer people working in warehouses and stores.

The financial sector lost 14,000 jobs, which is a continuation of a trend.

The state of the economy will be an important issue in the elections.

The Republican party will be tested in the elections, and the economy will be a key issue for the Democrats.

The new data will also affect the US Federal Reserve, which may raise interest rates later this year.

The Federal Reserve watches the job market closely to make sure the economy is strong and inflation is under control.

Last month, the Fed did not change interest rates, but some members wanted to raise them.

Stock markets in Europe and Asia reacted to the news.

This news is from AFP.

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