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US lost 23,000 jobs in July as slump in growth continues amid Middle East conflict

https://www.theguardian.com/profile/michael-sainato· ·2 min read · 0 reactions · 0 comments · 4 views
US lost 23,000 jobs in July as slump in growth continues amid Middle East conflict
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A career Fair in Seattle, Washington on 10 February 2026. Photograph: Bloomberg/Getty ImagesView image in fullscreenA career Fair in Seattle, Washington on 10 February 2026. Economists had projected an unchanged unemployment rate and 83,000 new jobs for the month.In June, the US added 57,000 jobs, about half of what economists had predicted, with most of the growth concentrated in healthcare and social assistance.

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The Guardian — US files mainly under news. We currently carry 649 of its stories.

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The Guardian — US · https://www.theguardian.com/profile/michael-sainato
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Original publisherThe Guardian — US
Canonical URLhttps://www.theguardian.com/business/2026/aug/07/july-jobs-report-middle-east-conflict
Publication timeFri, 07 Aug 2026 12:39:44 GMT
Retrieval time2026-08-07T12:55:41.605Z
Last seen2026-08-07T12:55:41.605Z
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Opening excerpt (first ~120 words) tap to expand

A career Fair in Seattle, Washington on 10 February 2026. Photograph: Bloomberg/Getty ImagesView image in fullscreenA career Fair in Seattle, Washington on 10 February 2026. Photograph: Bloomberg/Getty ImagesUS unemployment and employment dataUS lost 23,000 jobs in July as slump in growth continues amid Middle East conflictEstimates for previous two months were revised down sharply but unemployment rate held steady at 4.1% Business live – latest updates Michael SainatoFri 7 Aug 2026 08.39 EDTLast modified on Fri 7 Aug 2026 08.41 EDTSharePrefer the Guardian on GoogleUS employers unexpectedly lost 23,000 jobs in July and job gains for the previous two months were revised down sharply, as the summer slump in job growth continued amid ongoing conflict in the Middle East.The unemployment rate,…

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — US.

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