Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Instant Reaction: Employers Unexpectedly Shed Jobs; Unemployment Rate Falls | Bloomberg...
Posted
August 7, 2026
Views
910
Likes
12
Comments
2
Engagement
August 7, 2026
910
12
2
1.54%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
39:45Now PlayingUS employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor market is weaker than previously thought after surprising strength earlier this year.
Nonfarm payrolls decreased 23,000 last month following a combined 103,000 downward revision to the May and June figures, Bureau of Labor Statistics data showed Friday. The unemployment rate fell to 4.1% as labor force participation continued to slide, and wage growth slowed.
Bloomberg's Tom Keene and Damian Sassower break down the numbers with:
Claudia Sahm, Chief Economist at New Century Advisors
Constance Hunter, Chief Economist at EIU
Kristina Campmany, Senior Portfolio Manager at Invesco
Andrew Hollenhorst, Chief US Economist at CitiStephanie Roth, Wolfe Research Chief Economist
See omnystudio.com/listener () for privacy information.
Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.
Subscribe to Bloomberg Podcasts
Listen to more of Bloomberg DaybreakUS Edition
#Bloomberg #Podcast #News
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
