SignificantEconomyBloomberg·Bloomberg
US Employers Shed Jobs, Unemployment Falls
US employers shed 20,000 jobs in July, and the unemployment rate fell to 3.9%, the Labor Department reported Friday. The decline in jobs and unemployment rate comes amid skepticism that the Federal Reserve will cut interest rates.
Impact Score
7/10
Friday, August 7, 2026 at 05:50 PM EDT
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