US employers unexpectedly lost 23,000 jobs in July and gains for the previous two months were revised down sharply by a combined 103,000 jobs, painting a weaker picture of the labor market than past data indicated.
US employers unexpectedly lost 23,000 jobs in July and gains for the previous two months were revised down sharply by a combined 103,000 jobs, painting a weaker picture of the labor market than past data indicated.
The unemployment rate, however, held steady at 4.1%. Economists had projected an unchanged unemployment rate and 83,000 new jobs for the month.
The latest data from the Bureau of Labor Statistics illustrates the continued summer slump in job growth amid ongoing conflict in the Middle East. Pressure has been mounting within the US Federal Reserve to raise interest rates to combat persistently high inflation, but July’s job report and its latest revisions may cool those expectations at the central bank’s next meeting.




A federal prosecutor fired last year over critical comments he had written as a private citizen about Donald Trump sued the justice department on Friday, saying his termination violated his first amendment rights.
A US federal appeals court has ordered the Trump administration to halt construction of the US president’s $400m White House ballroom, in a fresh blow to the controversial project.
A firefighting Sikorsky S64 helicopter with two individuals onboard crashed on Friday morning in a remote area of central Utah, according to federal aviation authorities.
The Pentagon revoked former Air Force Secretary Frank Kendall’s eligibility for access to classified information, accusing him of “unauthorized disclosure of classified information regarding Air Force One’s capabilities” to a news outlet, it announced Friday evening.
How many people do you need to kill before you’ve violated a ceasefire?
President Volodymyr Zelensky has ordered government authorities to prepare a new sanctions operation against Russia’s military industry, saying delays allow Moscow to adapt to existing restrictions.





























