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The latest jobs report shows a weaker economy than expected

The July jobs report shows that employers cut 23,000 jobs, yet unemployment dropped slightly to 4.1% due to people leaving the workforce. The numbers were a surprise given that many were forecasting job growth.

Mike Regan, managing editor at Bloomberg News, joins Here & Now’s Scott Tong to discuss the latest report and what it means for the economy.

This article was originally published on WBUR.org.

Copyright 2026 WBUR