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U.S. economy unexpectedly loses 23,000 jobs in July

NPR | By Scott Horsley,
A Martínez
Published August 7, 2026 at 2:41 AM MDT

The Labor Department offered an update Friday morning on the U.S. jobs market. After lackluster hiring in June, forecasters had expected the report to show a modest pickup in July.

Copyright 2026 NPR
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent.
See stories by Scott Horsley
A Martínez
A Martínez is one of the hosts of Morning Edition and Up First.