WASHINGTON (AP) – The Labor Department says American employers unexpectedly cut 23,000 jobs last month, marking a sharp reversal after several months of modest job growth. The labor market had shown signs of resilience earlier this year. Hiring rebounded from what many analysts described as a lackluster 2025, and job growth, while not spectacular, had remained generally positive. They contend that strong economic fundamentals, rather than government intervention, provide the most reliable path to higher wages and broader prosperity. The nation’s job market remains relatively strong by historical standards, but July’s unexpected decline serves as a reminder that economic growth cannot be taken for granted.