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Job market Aug 10, 2026

US economy loses 23,000 jobs in July as labor market weakens

The Bureau of Labor Statistics jobs report showed a loss of 23,000 jobs in July, indicating a weakening labor market. However, ADP's National Employment Report, released on August 5, offers a different perspective on private-sector hiring, suggesting a contrasting trend.

Source: www.usatoday.com

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