- Toys R Us might be the reason why the US economy added fewer jobs than economists forecast in July.
- The jobs report released on Friday showed that no group of companies saw bigger losses than retailers of sporting goods, toys, books, and music.
- Toys R Us announced in January that it was closing all its US stores, meaning that over 31,000 workers lost their jobs.
Toys R Us appears to have taken a chunk out of the US economy’s job gains in July.
The jobs report , released on Friday, showed that employers added 157,000 nonfarm payrolls, fewer than…