50 Basis Point Cut Coming? US Economy Adds Only 22k Jobs In August, Unemployment Rate Rises To 4.3% (Guns Of August Misfires)

Confounded Interest ^ | 09/05/2025 | Anthony B. Sanders

[Kaiser8408a]

Not exactly the Guns Of August. More like a wet cap gun firing.

The jobs report for August showed only 22k jobs added.

U-3 unemployment rate rose to 4.3%.

Total private jobs added was 38k while manufacturing jobs added was down -12k.

Government jobs dropped -16k.

Let’s see if The Fed drops the hammer on rates by 50 basis points.

[Owen]

What would it take from next week’s CPI to end talk of any interest rate cut for the forseeable future?

PCE was 3%+ last week.

The problem with 3% is not 3%. It is unmistakeable trend upward, and it need have NOTHING to do with tariffs.

[millenial4freedom]

we will instead see groveling CFOs eventually admit AI is too overhyped, which will inevitably cause a crash in the Nasdaq.

we have nowhere near enough energy capacity to satisfy the data center buildout without causing a spike in electricity rates.

[Vaduz]

Unemployment rate rose to 4.3%.

Swamp lowered and cleaner.

[pissant]

there are 50 states, tens of thousands of cities and towns, thousands of counties. Gov’t doesn’t mean just the feds

[Mr. Jeeves]

AI growth requires nuclear power. Elon has already stated this.

The cognitive dissonance among those who realize they are going to have to "endanger the planet" to keep their AI boyfriends/girlfriends alive is going to be epic. :)

[Az Joe]

Nothing comes easy for gambler Trump, but it comes.

[rfp1234]

AI’s fault.

[Mr. Blond]

I would expect those #’s to be revised up only slightly. But, how many of those “not new jobs” were existing jobs now filled by Americans? All of Biden’s new jobs went to the foreign born. Our job numbers could stay flat, if they’re being filled by Americans.