{"id":625716,"date":"2026-08-07T17:23:27","date_gmt":"2026-08-07T17:23:27","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/625716\/"},"modified":"2026-08-07T17:23:27","modified_gmt":"2026-08-07T17:23:27","slug":"the-u-s-lost-23000-jobs-in-july-far-shy-of-forecasts-for-a-gain-of-80000","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/625716\/","title":{"rendered":"The U.S. lost 23,000 jobs in July, far shy of forecasts for a gain of 80,000"},"content":{"rendered":"<p>The U.S. labor market showed weakness for the second consecutive month in July, possibly giving the Federal Reserve room to hold rates in place despite high inflation.<\/p>\n<p>According to the government\u2019s Nonfarm Payrolls Report released Friday morning, the U.S. lost 23,000 jobs last month. That was far below the consensus expectation of a gain of 80,000 jobs, and down from June\u2019s addition of 20,000 (revised down from an originally reported 57,000).<\/p>\n<p>May\u2019s job gains were also revised sizably lower \u2014 down to 63,000 from an originally reported 129,000.<\/p>\n<p>The last negative jobs print was in February, when the U.S. lost 156,000 jobs.<\/p>\n<p>The unemployment rate dipped to 4.1%, compared with the expected 4.2% and June\u2019s 4.2%.<\/p>\n<p>Market reaction is swift, with U.S. stock index futures gaining and interest rates dipping. Also moving higher are precious metals, with gold now up 3% for the day and silver up just shy of 6%. There\u2019s little action in crypto, with bitcoin remaining modestly higher on the session at $65,000.<\/p>\n","protected":false},"excerpt":{"rendered":"The U.S. labor market showed weakness for the second consecutive month in July, possibly giving the Federal Reserve&hellip;\n","protected":false},"author":2,"featured_media":625717,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[214,79,179,18,19,17],"class_list":["post-625716","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bitcoin","tag-business","tag-economy","tag-eire","tag-ie","tag-ireland"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/117055389997138459","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/625716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=625716"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/625716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/625717"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=625716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=625716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=625716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}