US Economy Lost 23,000 Jobs in July, Surprise Blow to Trump Business Live The US economy shed 23,000 jobs in July, a surprise blow to President Trump's administration.
The loss comes as the global food price index continues to rise, driven by factors including the ongoing Ukraine war, conflict in the Middle East, and extreme weather events.
According to the Bureau of Labor Statistics, the unemployment rate ticked up to 3. 7% from 3. 6% in June.