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The share of Americans who are working or looking for a job hasn't been this low since the pandemic, according to a July jobs report full of gut punches.
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The Memo: Weak jobs report clouds economy as Trump barrels toward midterms The HillU.S. economy unexpectedly lost 23,000 jobs in July CNBCLabor Market Shifts Into Reverse as Employers Balk at Hiring The New York TimesUnemployment rate is falling, but for 'the wrong reason,' experts say USA Today
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Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank's 2 percent target.
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