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US loses 23k jobs in July, unemployment dips slightly

CN
CitrixNews Staff
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US loses 23k jobs in July, unemployment dips slightly

The U.S. economy lost 23,000 jobs in July, and the unemployment rate dipped slightly to 4.1 percent, according to new data released Friday by the Bureau of Labor Statistics (BLS).  Economists had expected American employers to add 83,000 jobs and the jobless rate to hold steady at 4.2 percent last month, according to consensus estimates.  This comes on the heels of relatively weak jobs numbers in June, in which the U.S. workforce initially saw…

Originally reported by The Hill. Read the full story at the original source.