Associated Press·4 min read·medium
US likely added nearly 100,000 jobs in July, but market is still tough for young and unemployed - AP News
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Paul Wiseman
✦AI Summary
The U.S. job market experienced an unexpected downturn in July, with payrolls shrinking by 23,000 jobs and significant downward revisions to previous months. While the unemployment rate fell to 4.1%, this was primarily driven by a large number of workers exiting the labor force.
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