US employers unexpectedly cut 23,000 jobs amid strain from the Iran war

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Source: The Manila Times
Published: 2026-08-07 23:23 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Economy & Finance, Financial Markets, Labour & Workers, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
WASHINGTON — U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market.
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