US added just 22,000 jobs in August, continuing slowdown amid Trump tariffs | US unemployment and employment data

The US Business Market stopped during the summer, added only 22,000 jobs in August, and businesses continued to slow down in the labor market as they were set to deductions caused by tariffs.

The latest job report contained worse news. The US lost 13,000 jobs in June, according to the latest survey, it has been negative for the first time since December 2020.

The unemployment rate for August rose to 4.3%, the highest since 2021.

The health sector added 31,000 last month, but most of the other sectors were straight or lost.

The report emphasized worrying tendencies:

• Federal employment left 15,000 jobs in August and a total of 97,000 jobs have been lost since January.

• Production work decreased by 12,000 in August and fell 78,000 for the year.

• Race unemployment deficit expanded in August. Black Americans see an unemployment rate of 7.5% compared to 6.1% last August. Unemployment rate for white Americans is 3.7%

The closely monitored data comes from a monthly employer survey conducted by Donald Trump’s attack after Donald Trump, after revising last month’s findings, and shows that the recruitment is much weaker than the initially reported at the beginning of the summer.

Last month BLS reduced the number of new jobs created in May and June by more than 250,000. The revised figures when the Bureau received more reports from enterprises and government agencies showed that recruitment during the summer was much weaker than it first reported. The figures for May and June were 19,000 and 14,000, respectively – the lowest since the pande.

These figures were revised again this month. BLS reviewed the installment of June from +14,000 to -13,000 to 27,000 and the July change rose from +73,000 to +79,000 to 6,000. In June and July, employment was 21,000 lower than previously reported.

Although Trump claims that the revisions are fraudulent “Republicans and I to look bad ,, the figures of August show that the model in which the Trump’s office commissioner fired even after firing to retaliate. Trump nominated a conservative ally, which helped the project 2025 to be written as the commissioner of the office, and worried many economists about the future of the office.

The data obtained from other sources outside the office emphasized the stagnation in the labor market. Payroll company ADP On Thursday, private employers added 54,000 jobs in August and added about 20,000 of the expectations. Overplacement firm Challenger, Gray & Christmas reported that JOB cuts reached 85,979 in August – 39% of July and August 2024.

“The year began with strong business growth, but this acceleration was struggling with uncertainty. Laborist scarcity, timid consumers and AI deterioration may explain the slowdown of recruitment,” he said.

The federal reserve follows the labor market for signs that it may need to adjust interest rates. In his speech at the Fed’s Jackson Hole, Wyoming, Symposium, FED President Jerome Powell seemed to imply that the authorities had leaned towards a ratio deduction at their next meetings on September 17th.

Although the Wall Street investors are waiting for the Fed’s next ratio deduction since December, the next cut will probably come with warnings. Powell stressed that Trump’s tariffs and immigration policies are still unclear what effects will have on the economy.

“There is a significant uncertainty about what all these policies will ultimately take part and what their lasting effects on the economy will be,” he said.

Powell, while adding new jobs every month, “If the risk of disadvantages for employment increases. And if they take place, they can do this quickly in the form of sharply higher layoffs and increasing unemployment.”