BLS: U.S. Economy Unexpectedly Loses 23,000 Jobs in July

WASHINGTON, D.C. — Total nonfarm employment in the United States decreased by 23,000 jobs in July, according to the U.S. Bureau of Labor Statistics (BLS). Not only did July show an unexpected decline from the 83,000-figure forecasted by Dow Jones economists as reported by CNBC, but the BLS also revised both May and June’s job reports by a combined 103,000 jobs. The counts for May and June were +63,000 and +20,000, respectively. The unemployment rate simultaneously edged down to 4.1 percent — its