Breaking: US Nonfarm Payrolls fall by 23K in July vs. +80K expected

Nonfarm Payrolls (NFP) in the United States (US) declined by 23K in July, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed the 20K increase (revised from 57K) recorded in June and fell short of the market expectation for an increase of 80K by a wide margin.