The Labor Department reports the US economy lost 23,000 jobs in July as prior months were revised down by 103,000.
Question
The Labor Department reports the US economy lost 23,000 jobs in July as prior months were revised down by 103,000.
Direct answer
Supports lower front-end Treasury yields and weighs on USD pairs such as EUR/USD and USD/JPY; could lift rate-sensitive equities including QQQ.
- Original publisher
- Market Ontology
- Evidence through
- 2026-08-12
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “The Labor Department reports the US economy lost 23,000 jobs in July as prior months were revised down by 103,000.”, revision 1, evidence through 2026-08-12. https://marketontology.com/market-events/2026-08-12/the-labor-department-reports-the-us-economy-lost-23-000-jobs-in-july-as-prior-mo-460942
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What happened next
| Asset | Call | Base close | +1 day | +5 days | +20 days |
|---|---|---|---|---|---|
| QQQ | Watch | 723.70 2026-08-12 | +1.16% | -1.05% | -2.07% |
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
Sources
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