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US unexpectedly loses jobs in July, in blow to Trump’s economy claims

US unexpectedly loses jobs in July, in blow to Trump’s economy claims
South China Morning Post Friday 07 August 2026, 13:55 UTC By Agence France-Presse 1 min read
Key Points

The US economy unexpectedly lost 23,000 jobs in July, government data showed, a blow to US President Donald Trump’s claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.. The unemployment rate in the world’s largest economy ticked down to 4.1 per cent, according to data published on Friday by the US Bureau of Labor Statistics. Since taking office for his second term, Trump has unleashed a spate of policies aimed at reviving domestic...

The US economy unexpectedly lost 23,000 jobs in July, government data showed, a blow to US President Donald Trump’s claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.. The unemployment rate in the world’s largest economy ticked down to 4.1 per cent, according to data published on Friday by the US Bureau of Labor Statistics. Since taking office for his second term, Trump has unleashed a spate of policies aimed at reviving domestic manufacturing... [Image text:] NON HIRING NOW HIRING Sales Professionals Uncapped Commission $125,000+ ring Only 39 Hours/Wok NO THE HUSTLE NO THE SIX FIGURES MERCH A ICK-L th side
US (LOCATION) Trump (ORG) Donald Trump (PERSON) Republican Party (ORG) the US Bureau of Labor Statistics (ORG)
Originally published by South China Morning Post Read original →

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