LatestAmerican economy reporterHere’s the latest.The labor market posted a modest loss in July, as businesses shed jobs in the face of renewed tariffs and higher costs driven by war in the Middle East.Employers cut 23,000 positions on a seasonally adjusted basis last month, the Labor Department reported on Friday, and the unemployment rate dropped slightly to 4.1 percent as hundreds of thousands o…
U.S. Hiring Slumps, a Worrying Sign for the Economy – The New York Times
