Weekly Market Analysis for Illinois and Florida
Jobs dropped in July but markets hit new highs anyway
The week in review: August 2-8, 2026
Jobs continue to weaken Looks like June’s jobs report wasn’t a fluke after all. We thought the last number was weak when it was reported that 57,000 new jobs were created in June. Well, that number was revised down to 20,000 — and then July came in at decrease of 23,000. Yes, we lost 23,000 jobs last month. Yikes. Most of the losses were attributed to fewer government payroll jobs plus hospitality positions declining after…