The employment report released by the Labor Department on Friday signalled a sharp deterioration in the US labour market and dealt a political blow to President Donald Trump. Among the biggest job losses, local public schools shed 50,000 positions in July, while restaurants and bars eliminated 26,000 jobs and retailers cut 19,000.
Business
‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs – sharp reversal for labour market
- by The News Vista
- August 7, 2026
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