Source-linked briefing Business

U.S. Economy Sheds Jobs in July as Participation Declines

U.S. Economy Sheds Jobs in July as Participation Declines

The U.S. labor market lost 23,000 jobs in July, with notable declines in education, government and retail. Labor force participation also slumped, underscoring signs of cooling momentum.

Original headline

US labour market sheds jobs in July as labour force participation slumps