July jobs report: US economy still losing jobs

PUBLISHED ON: August 6, 2010 | Duration: 7 min, 35 sec

   
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Brian Fabbri, chief US Economist for North America at BNP Paribas, says the July employment report is telling us that everything has slowed down. According to the US Bureau of Labor Statistics, the US economy shed 131,000 jobs in July.
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