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New Jobs Report Latest Warning Sign of Slowing Economy
Employers added 22,000 jobs in August with health care gaining 31,000 jobs, while manufacturing lost 12,000, contributing to a 4.3% unemployment rate rise, highest since 2021.
- In August 2025, the U.S. economy saw an increase of 22,000 jobs, while the unemployment rate climbed to 4.3%.
- This slowdown follows downward revisions showing a loss of 13,000 jobs in June and only modest growth of 79,000 jobs in July, amid 1.2 million immigrants leaving the workforce.
- Manufacturing lost roughly 12,000 jobs in August, marking four consecutive months of decline and contributing to a total loss of 78,000 jobs this year.
- Experts noted fewer job openings and less hiring, and that 7.24 million job seekers now exceed 7.18 million job openings, signaling a stagnant labor market.
- These trends suggest a slowing economy that may prompt the Federal Reserve to consider cutting interest rates amid concerns over tariffs, immigration policies, and economic uncertainty.
18 Articles
18 Articles
Chicago Fed president unpacks weak jobs report
The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report. Employers added just 22,000 new jobs in August and revisions show the economy lost 13,000 jobs in June, the first net loss since December 2020. Amna Nawaz discussed the report with Federal Reserve Bank of Chicago President Austin Goolsbee.
Just 22,000 jobs added in weak jobs report
22,000 jobs were added in the latest jobs report, falling short of expectations. President Trump said new investments in the U.S. of hundreds of billions of dollars from tech companies will spark job growth soon. NBC News’ Peter Alexander reports.
Jobs report warning signs
Paltry job creation was the headline item in the latest jobs report. But dig a little deeper, and warning signs show up all over: long-term unemployment, Black unemployment and Hispanic unemployment all rose in August. In this episode, why those stats could be proverbial canaries in the coal mine of the broader labor market. Plus: Industrial warehouse demand is down and a shipworker shortage could thwart Trump’s goal of reviving the commercial s…
New jobs report latest warning sign of slowing economy
The newly released August jobs report proved to be the latest sign the U.S. economy is slowing. It comes as another report finds that the number of unemployed workers now outnumbers job openings. Jobs report The jobs report showed the U.S. added just 22,000 jobs, significantly less than the 76,000 jobs some forecasters had predicted. The unemployment rate rose last month from 4.2% to 4.3%. “I'd say that we're seeing kind of a flashing yellow he…
'Pretty brutal': Fox hosts admit new jobs numbers are 'disappointing' for Trump
Even President Donald Trump's favorite network couldn't sugarcoat the anemic August jobs report that was released on Friday.The Daily Beast reported that Fox Business host Cheryl Casone acknowledged in a Friday segment that figure of just 22,000 new jobs added throughout the economy was "weaker than expected." And she added that the new revisions for June's jobs report that found the economy actually bled 13,000 jobs were "pretty brutal" for the…
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