US Unexpectedly Loses Jobs in July, Blowing Hole in Trump's Economy Claims The latest jobs report from the US Bureau of Labor Statistics has dealt a significant blow to President Donald Trump's economy claims.
The administration had been touting its economic policies as a resounding success story, but Friday's data paints a more nuanced picture. At first glance, the 4.
1% unemployment rate might seem like a victory for the administration. However, it's not quite that simple. The economy actually lost 23,000 jobs in July, a stark departure from the steady growth expected.