Trump Faces Fresh Economic Pressure As July Jobs Report Disappoints

Friday brought bad news for President Trump on the economic front. New government data showed the US actually lost jobs last month, catching economists off guard who had been expecting solid growth instead. The Bureau of Labor Statistics dropped its monthly jobs report and the results weren’t pretty. Instead of adding roughly 80,000 jobs as forecasters had predicted, the economy shed 23,000 positions in July. That’s a real step down from June too, which had only managed a modest gain of 20,000 jobs.

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