US employers unexpectedly cut jobs in July and hiring over the previous two months was revised lower. 23,000 jobs were lost, the estimate was for a gain of 80,000 jobs. The unemployment rate fell to 4.1% from 4.2%. Bloomberg's Michael McKee reports. (Source: Bloomberg)
US employers unexpectedly cut jobs in July and hiring over the previous two months was revised lower. 23,000 jobs were lost, the estimate was for a gain of 80,000 jobs. The unemployment rate fell to 4.1% from 4.2%. Bloomberg's Michael McKee reports. (Source: Bloomberg)
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