Aug 7, 2026The economy shed 23,000 jobs last month. Plus: Auto loans, teacher housing, home caretaking, and the Fed’s next move.

Patrick T. Fallon/AFP via Getty ImagesSegments From This EpisodePatrick T. Fallon/AFP via Getty ImagesWe discuss what newly revealed cracks in the labor mean for the central bank’s next moves.

Patrick T. Fallon/AFP via Getty ImagesLocal government roles were down 57,000, leisure and hospitality positions decreased by 40,000, finance jobs declined 14,000, and the retail sector lost more than 19,000.

Kevin Carter/Getty ImagesExperts say it's putting consumers and the car industry under pressure.

Kevin Carter/Getty ImagesAs housing prices stay high, projects in California, Texas, and Florida, could set a precedent for more workforce housing.