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Employers unexpectedly cut 23,000 jobs in a sign of a wilting labor market

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.

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U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department. The U.S. job market unexpectedly stalled in July. A report Friday from the Labor Department shows that employers cut 23,000 jobs last month, and job gains for May and June were revised sharply lower. The unemployment rate dipped to 4.1%, but only because more than 260,000 people dropped out of the workforce. It was the second month in a row that the monthly jobs tally came in weaker than forecasters had expected. "We are increasingly hearing from workers that they are anxious about their job security and they are frustrated by the fact that they are stuck in roles that are not necessarily good for them," said Daniel Zhao, chief economist at the job search website Glassdoor. "And that's on top of workers who are not in a job right now and feel frozen out of the job market." Glassdoor's worker confidence index slumped in July to a record low. Restaurants and retailers cut thousands of jobs last month, and local government also saw large job losses. Healthcare continued to add workers, but at a more modest pace than earlier in the year. The softening job market may complicate the Federal Reserve's job, since it's also battling stubborn inflation.

ประโยคและวลีที่ใช้ได้จริงจากเรื่องนี้

Useful phrases from this story

were weaker than initially reportedCollocation

มีความอ่อนแอกว่าที่ระบุในตอนแรก.

From the storyU.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.

according to a report FridayCollocation

ตามรายงานวันศุกร์.

From the storyU.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the Labor Department.

stalled in JulyCollocation

งดลงในเดือนกรกฎาคม.

From the storyThe U.S. job market unexpectedly stalled in July.

May and June were revisedCollocation

พฤษภาคม และ มิถุนายน.

From the storyA report Friday from the Labor Department shows that employers cut 23,000 jobs last month, and job gains for May and June were revised sharply lower.

dropped out of the workforceCollocation

ออกจากแรงงาน.

From the storyThe unemployment rate dipped to 4.1%, but only because more than 260,000 people dropped out of the workforce.

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