Job market shrank in July, a sharp reversal after months of growth

The jobs report released last week showed the job market shrank in July, after months of growth. Employers shed 23,000 jobs that month, far below the 83,000 jobs that were expected to be gained.

The jobs report released last week showed the job market shrank in July, after months of growth. Employers shed 23,000 jobs that month, far below the 83,000 jobs that were expected to be gained.