July jobs report reveals unexpected loss of 23,000 jobs, missing economists' forecasts

Source CBS Local
Original Load Date Aug. 7, 2026, 9:01 a.m.
Last Updated Aug. 7, 2026, 9:01 a.m.
Original URL https://www.cbsnews.com/chicago/news/july-jobs-report-unexpected-job-losses/

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The U.S. economy unexpectedly shed 23,000 jobs in July, undershooting economists' expectations and signaling the job market may be slowing. ## By the numbers Economists polled by FactSet forecast employers added 95,000 jobs in July. The unemployment rate in July stood at 4.1%, down from 4.2% in ...