Business

Job Market Shows Signs of Weakness

Updated 2026-08-07 13:25 UTC 2 sources Negative

U.S. employers unexpectedly cut 23,000 jobs in July, signaling a potential slowdown in the labor market. Job gains from previous months were also revised downward.

Coverage timeline — 2 articles
NPR
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.
2026-08-07 13:10 UTC
CNBC
The July jobs was a big miss, and shares of Atlassian are rising after a strong quarter.
2026-08-07 13:09 UTC
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