Job losses in July reveal weakening U.S. labor market
By NBC News
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The U.S. economy lost 23,000 jobs in July, signaling trouble in the labor market. And with wages only rising 3.2% from a year ago and inflation at 3.5%, Americans' paychecks aren't keeping up with prices. NBC News' Brian Cheung and Navy Federal Credit Union chief economist Heather Long break down the numbers and explain what they tell us about the economy. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/heres-the-scoop-daily-podcast » NBC News App: https://apps.nbcnews.com/mobile » Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 » Visit NBCNews.Com: http://nbcnews.to/ReadNBC » Find NBC News on Facebook: http://nbcnews.to/LikeNBC » Follow NBC News on Twitter: http://nbcnews.to/FollowNBC » Follow NBC News on Instagram: http://nbcnews.to/Inst
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