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US suffers unexpected job losses in July, markets dial back rate hike expectations

Written By: TDG Syndication
Last Updated: August 7, 2026 23:05:04 IST

By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) – The U.S. economy unexpectedly shed jobs in July and previously reported job gains for the prior two months were revised sharply lower, tempering

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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