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Home > Business News > US suffers unexpected job losses in July, markets dial back rate hike expectations

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

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Published: August 7, 2026 22:58:09 IST

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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

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