New data from the Bureau of Labor Statistics shows the US economy lost jobs in July. The total number of jobs lost was 23,000. At the same time, the unemployment rate decreased slightly.

1 percent, which is a bit lower than the previous rate. Economists had predicted a different outcome, with an expected increase in jobs. Further information on the jobs report is available from the Bureau of Labor Statistics, including details on the expectations of economists and the previous month's jobs numbers.