US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump
- Posted on August 7, 2026
- By Chicago Tribune
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- 1 min read
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US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump
The U.S. job market stalled unexpectedly last month, delivering a political blow to President Donald Trump three months ahead of midterm elections and complicating decision-making for the inflation fighters at the Federal Reserve.
