US Jobs Data: Unemployment Hits Four-Year High at 4.3%; only 22,000 New Jobs in August - The Times of India

US jobs data: Unemployment hits four-year high at 4.3%; only 22,000 new jobs in August - The Times of India

August's employment data revealed a weakening US job market, with unemployment rising to 4.3%, a near four-year high, fueling expectations for a Federal Reserve rate cut. Job creation has slowed significantly, accompanied by downward revisions to previous months' figures and job losses in June.

A jobs slump spurred Trump to sack his stats boss. This time around he’s got no one to blame

The latest employment report in the United States is bad news for a president whose agenda revolves around returning America to a “golden age”.

US jobs market weakens further in August

Employers added just 22,000 jobs last month, fewer than expected, while the unemployment rate ticked up to 4.3%.

The Latest: US employers added just 22,000 jobs last month amid uncertainty over Trump’s policies

U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump’s economic policies

US added just 22,000 jobs in August, continuing slowdown amid Trump tariffs

Latest report also contained more bad news – the US lost 13,000 jobs in June, according to the latest surveyThe US jobs market stalled over the summer, adding just 22,000 jobs in August and continuing a slowdown in the labor market as businesses adjusted to disruptions caused by tariffs.The latest jobs report also contained more bad news. The US lost 13,000 jobs in June, according to the latest survey. Continue reading...