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  • 22,000 jobs added in August, unemployment nears 4-year high

    09/05/2025 5:54:08 AM PDT · by hcmama · 52 replies
    Just the NEws ^ | September 05, 2025 | Natalia Mittelstadt
    Only 22,000 jobs were added in August while unemployment reached a near-four-year high, according to data from the Bureau of Labor Statistics.The unemployment rate rose from 4.2% to 4.3% last month, CNN reported.The data represents the first jobs report after President Donald Trump fired former BLS Commissioner Erika McEntarfer last month, hours after she published a weak jobs report partly based on steep downward revisions for May and June.
  • Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

    09/05/2025 5:53:05 AM PDT · by Miami Rebel · 42 replies
    CNBC ^ | September 5, 2025 | Jeff Cox
    Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month. Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000. The report showed a marked slowdown from the July increase of 79,000, which was revised up by 6,000. Revisions also showed a net loss of 13,000 in June after the...