Cracks in the U.S. economy: Job growth slows 75% from a year ago [View all]
(NPR) The U.S. jobs engine is sputtering and looks to be in danger of stalling out.
U.S. employers added just 22,000 jobs in August, according to a report Friday from the Labor Department. The unemployment rate inched up 4.3%. Revised figures also show there was also a net loss of jobs in June for the first time since 2020, in the midst of the pandemic.
The U.S. has now had four months in a row of pretty anemic job growth. Average job growth between May and August was down 75% from the same period a year ago.
The weakness was visible all across the economy. "There are not a lot of silver linings in the report," she economist Julia Coronado of Macropolicy Perspectives. "We are losing engines of job growth."
https://www.npr.org/2025/09/05/nx-s1-5529937/economy-jobs-trump-bls
= new reply since forum marked as read