Friday, September 05, 2025
Employers added only 22,000 jobs in August, and the unemployment rate rose slightly to 4.3 percent. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020. Underscoring the report's weakness, the job search platform Indeed flagged that employment growth over the year to date is the lowest it's been since 2010. At that time, notes Indeed's director of research for North America Laura Ullrich, "there were 17 million fewer people in the U.S. labor force and the economy was still firmly in the grips of the Great Recession." |
||
More Alternate links: Google News | Twitter Comments
Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed. |