US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump

US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump

WASHINGTON (AP) — The U.S. job market stalled unexpectedly last month, delivering a political blow to President Donald Trump three months ahead of midterm elections and complicating decision-making for the inflation fighters at the Federal Reserve. Employers cut 23,000 jobs in July. And Labor Department revisions slashed 103,000 jobs from May and June payrolls. The […]

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