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August 10, 2026

US job market stalled in July: 23,000 jobs cut

By PAUL WISEMAN and JOSH BOAK
Associated Press

WASHINGTON — The U.S. job market stalled unexpectedly last month, delivering a political blow to President Donald Trump three months ahead of midterm elections and complicating decision-making for the inflation fighters at the Federal Reserve.

Employers cut 23,000 jobs in July. And Labor Department revisions slashed 103,000 jobs from May and June payrolls.


 
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