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US economy loses 23,000 jobs in July, raises concerns for job seekers

US economy loses 23,000 jobs in July, raises concerns for job seekers

By GhanaSummary NewsroomNigeria

The latest figures add to concerns about the health of the US labour market, which had appeared to be stabilising after recording weak employment growth in 2025.1 per cent from June, pushing the annual wage growth rate down to 3.

The combination of slower hiring, weak wage growth and persistent inflation could make conditions more challenging for workers and job seekers in the US.

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