[Miami Rebel]

The irony is that for all the Administration's insistence that we're in a rip-roaring economy, it's the weakening jobs outlook that will push the Fed to make cuts starting this month.

Unemployment just set a 4 year high, and we lost manufacturing jobs.

[FlingWingFlyer]

With all this “hiring slowdown” and “high unemployment”, it appears as though we can start sending those expensive “slave laborers” and their extended families back home. We don’t need them anymore.

[OttawaFreeper]

I’m wondering if after a little short term pain (due to the uncertainty related to the tariffs), the manufacturing jobs will come back again with that more gusto (I know being an optimist is frowned upon here).

[escapefromboston]

Wait so illegal aliens WEREN’T doing the jobs Americans didn’t want to do?

[AppyPappy]

In before the upwards adjustment.

[dforest]

The Biden admin had 4 miserable years to ruin the US economy and they certainly did that. Trump has been in for only 7 months and he is expected to have it all running great.

It took Reagan quite a while to repair the Carter years damage and it wasn’t as severe as it is now.

Maybe it can’t be fixed. The other side doesn’t want it fixed.

Maybe voting can no longer repair the mess. You have to all want it and stop the sabotage.

[1Old Pro]

labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month.

Too late, economy is pretty weak and it needs a rate cut.

[central_va]

GDP rose to 3.3%. High average.

[mewzilla]

Folks, do yourselves a favor and go to the source...

https://www.bls.gov/news.release/empsit.nr0.htm

As for why Derp State is having a cow...

“Federal government employment continued to decline in August (-15,000) and is down by 97,000
since reaching a peak in January. “

But since social services hiring is up by a similar that amount, looks like state and local governments may be going on a hiring spree...

[Lod881019]

Check wage growth country is doing just fine

[OttawaFreeper]

Lookee here people:

https://www.msn.com/en-ca/money/economy/canada-loses-net-65-500-jobs-in-august-jobless-rate-rises-to-7-1/ar-AA1LWWze?ocid=entnewsntp&pc=EDGEXST&cvid=68bae2b8707f453985ea759b9a355312&ei=12

[cowboyusa]

Summer blahs. No one hires in Aigist. Let’s see September. Hiring should pick up again

[Salohcin]

With 1.5 million illegal aliens leaving the country so far, and leaving the labor market, of course payroll numbers will be depressed.

[ridesthemiles]

MORE AUTOMATION.

MORE AI.

WHAT DO THEY THINK WILL HAPPEN???

[MNJohnnie]

Good maybe Powell and the Fed wills top playing poltics and cut rates finally

Fed was way too late to raise them under Biden. Now way too late to cut them

[Fledermaus]

Duh. It’s the unofficial end of summer. Kids go back to school.

4th quarter normally isn’t a hiring period other than the short term, part time seasonal work.

[Fledermaus]

4.3% isn’t high. Economically, 4% is called full employment.