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Independent aggregation • v2.4.14 • 2026-08-06

THE MEMO: WEAK JOBS REPORT CLOUDS ECONOMY AS TRUMP BARRELS TOWARD MIDTERMS

1 min read • 2 hrs ago • The Hill News • [src]
SOURCE SPECTRUM: The Hill Center
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The Hill NewsTHE MEMO: WEAK JOBS REPORT CLOUDS ECONOMY AS TRUMP BARRELS TOWARD MIDTERMS2 hrs ago

WHAT HAPPENED

New clouds darkened the economic landscape on Friday, as the latest employment report showed the nation shedding 23,000 jobs in July. The number came as an unpleasant surprise to most economists.

The Hill News reports that new clouds darkened the economic landscape on Friday, as the latest employment report showed the nation shedding 23,000 jobs in July.

The report adds: The number came as an unpleasant surprise to most economists.

The consensus prediction from experts canvassed by Dow Jones had been that more than 80,000 jobs would be created.

This report is covered across the current DAMMNEWS feeds. Economic headlines can describe an immediate market move or a longer-term change. Readers should separate the reported number from forecasts, commentary and what happens next.

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