Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell to 4. 1% as labor force participation continued to slide, and wage growth slowed.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-07/us-employers-cut-jobs-unemployment-rate-falls-video)