U.S. Lost 23,000 Jobs In July, But Entertainment Saw An Uptick
August 7, 2026 / /
The U.S. economy lost 23,000 in July, while the unemployment rate fell slightly to 4.1%.
The figures showed declines in local government education and retail trade, according to the figures from the Bureau of Labor Statistics.
The job loss was unexpected, with analysts estimating a gain of as much as 100,000.
Jobs in movies and music actually grew during the month, by 9,900, to 332,700, reversing some previous declines. Jobs in broadcasting and among content providers fell by 1,500 to 335,800.
More to come.
Posted in Special Edition
