Jobs News: Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

Choose a language:

Employment News

Details: Written by Bing News Search Results; Category: Employment News; Published: 10 August 2026; Created: 10 August 2026; Last Updated: 10 August 2026

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.
Original Image Link
Source:www.npr.org

Posted: 2026-08-07 07:09:00

Get Full News Story On Bing Employment News Network

More News From This Category
Jobs News: What to expect from today’s jobs report
Mon, 10 Aug 2026 04:07:11 +0000

When the latest official jobs report is released at 8:30 a.m. ET today, economists are expecting it to show that hiring picked up in July and that the unemployment rate held steady at 4.2%.
Original Image Link
Source:www.msn.com

Jobs News: Finance Jobs Just Hit a 4-Year Low—but Banks Posted Nearly 49,000 Roles Seeking New Tech Skills
Mon, 10 Aug 2026 01:07:11 +0000

Financial activities shed 14,000 jobs in July. Commercial bank postings seeking AI skills jumped by 51 percent.
Original Image Link
Source:www.inc.com

Jobs News: July jobs report reveals unexpected loss of 23,000 jobs
Sun, 09 Aug 2026 19:07:11 +0000

Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Original Image Link
Source:www.msn.com

Jobs News: Friday's jobs report could confirm a slowing labor market. But will stocks care?
Sun, 09 Aug 2026 13:07:11 +0000

The August jobs report on Friday is expected to confirm the labor market is weakening. Just by how much is what will matter to investors. It can't be too slow, nor can it be too hot. Wall Street is on ...
Original Image Link
Source:www.cnbc.com

Related Bing News Results
Employment surges in June, leaving the door open to further interest rate rises
Wed, 22 Jul 2026 21:52:11 GMT
Around 76,300 Australians gained a job in June, well above market expectations, while the unemployment rate held steady at 4.4%. That’s because the participation rate – which measures the share of ...

ADP National Employment Report: Private Sector Employment Increased by 98,000 Jobs in June; Annual Pay was Up 4.4%
Tue, 30 Jun 2026 22:15:00 GMT
ROSELAND, N.J., July 1, 2026 /PRNewswire/ -- Private sector employment increased by 98,000 jobs in June and pay was up 4.4 percent year-over-year according to the June ADP National Employment Report® ...

US employment boom? Maybe, maybe not. A look under the jobs report's hood
Fri, 08 May 2026 11:53:00 GMT
Household survey shows employment and labor force shrinking despite payroll job gains Labor force participation rate drops to lowest since mid-1970s, excluding pandemic period Hiring concentrated in ...

Navigating the next wave: What employment lawyers need to do now to prepare for tomorrow's workplace
Tue, 05 May 2026 10:19:00 GMT
May 04, 2026 - Employment law has always evolved in response to changes in the workplace, but the pace of change today is unprecedented. Artificial intelligence is being used to screen millions of job ...

🔎 Search This Topic on Popular Platforms