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

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.

Source: [NPR News](https://www.npr.org/2026/08/07/nx-s1-5924786/employers-economy-labor-jobs-federal-reserve)