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2026-08-07 13:34:00 UTC

ˈdälfən™🐬 💥 🌊 on Nostr: #Jobs are down: • Nonfarm payrolls fell ⬇️ by a seasonally adjusted 23,000 for ...

#Jobs are down:

• Nonfarm payrolls fell ⬇️ by a seasonally adjusted 23,000 for July, "compared to a downwardly revised 20,000 for June." Economists had forecasted a gain of 83,000

Fewer people are in #workforce:

• The #LaborForce participation rate fell ⬇️ to 61.4%, "the lowest in more than five years"

#Wages are falling:

• "Average hourly #earnings increased by just 2 cents...12-month average down to 3.2%" (over 2.5% ⬇️ from 2022)

#USA #US #USeconomy #economics
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https://www.cnbc.com/2026/08/07/jobs-report-july-2026.html