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U.S. Lost 23,000 Jobs In July, But Entertainment Industry Saw An Uptick
Deadline· 2026-08-07 20:39
Watch on Deadline The U.S. economy lost 23,000 jobs in July, taking an unexpected downturn as employers signaled caution in the face of uncertainty of tariffs and the war in Iran. The unemployment rate fell slightly to 4.1%, but that figure is impacted by those who have exited the labor force. The figures showed declines in local government education and retail trade, according to the figures from the Bureau of Labor Statistics. The job loss was unexpected, with analysts estimating a gain of as much as 100, ...