US economy lost 23000 jobs in July with downward revisions
Bureau of Labor Statistics data shows the US economy lost 23,000 jobs in July, alongside significant downward revisions for May and June and slowing wage growth.
- The US economy lost 23,000 jobs in July according to Bureau of Labor Statistics data.
- May and June job numbers were revised downward by a combined 103,000 jobs.
- Average hourly earnings rose by just 0.1% in July.