Trump faces disappointing July jobs report
CBS News · LC · trust 49/100
Trump faces disappointing July jobs report The economy unexpectedly lost 23,000 jobs in July, signaling a slowdown that could complicate the Federal Reserve's next move on interest rates in September. The Trump administration downplayed the jobs report, blaming it on federal downsizing and layoffs in World Cup hospitality. CBS News business producer Emily Pandise has more. Featured SpaceX Rocket Collision Iran War Latest NFL Training Camp Injuries MLB Trade Deadline Tracker Follow Us On YouTube Facebook Instagram X Privacy Privacy Policy California Notice Your Privacy Choices Terms of Use Minors' Privacy Policy More from CBS News Newsletters Podcasts Download Our App Brand Studio Sitemap Company About Paramount Advertise With Paramount Join Our Talent Community Help Feedback Contact the Ombudsman Copyright ©2026 CBS Interactive Inc. All rights reserved.
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