U.S. economy unexpectedly loses 23,000 jobs in July
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Summary
U.S. economy unexpectedly loses 23,000 jobs in July. The four-week average of initial jobless claims dipped below 200,000 for the week ending Aug. While hiring remains stagnant, layoffs recently hit their lowest level in two years, recent data shows , reinforcing the "low fire, low hire" label economists have used to characterize the labor market.
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Factual coreconfirmed by several independent voices
U.S. economy unexpectedly loses 23,000 jobs in July.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
The four-week average of initial jobless claims dipped below 200,000 for the week ending Aug.
according to CBS News — LatestWhile hiring remains stagnant, layoffs recently hit their lowest level in two years, recent data shows , reinforcing the "low fire, low hire" label economists have used to characterize the labor market.
according to CBS News — Latest
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