The Actual News

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U.S. economy lost 23,000 jobs in July, new report shows

U.S. economy lost 23,000 jobs in July, new report shows

Summary

A government report showed that the U.S. economy lost 23,000 jobs in July. Many people stopped looking for work and left the labor force during that time.

Key Facts

  • In July, the U.S. economy had 23,000 fewer jobs than the month before.
  • The report was released by the Labor Department on a Friday.
  • The decrease in jobs was linked to some people giving up on finding work.
  • The labor force includes all people working or actively looking for jobs.
  • The job losses reflect changes in the U.S. job market during that month.
  • The information was covered by CBS News and reported by Kelly O'Grady.
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