US employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1%
- Posted on August 7, 2026
- By San Francisco Chronicle
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- 1 min read
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US employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1%
U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans...