US Economy Loses 23,000 Jobs as Hiring Slows

The U.S. economy lost 23,000 jobs in July as the labor market showed new signs of weakness. May and June job growth was also revised down by a combined 103,000 jobs, while unemployment held at 4.1%. Kathy Fettke breaks down what the latest jobs report could mean for interest rates, housing, and real estate investors.

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Source: https://www.bls.gov/news.release/empsit.nr0.htm