{"id":202410,"date":"2025-09-05T13:31:12","date_gmt":"2025-09-05T13:31:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/202410\/"},"modified":"2025-09-05T13:31:12","modified_gmt":"2025-09-05T13:31:12","slug":"u-s-jobs-report-shows-hiring-decelerated-in-august-nbc-new-york","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/202410\/","title":{"rendered":"U.S. jobs report shows hiring decelerated in August \u2013 NBC New York"},"content":{"rendered":"

U.S. employers added just 22,000 jobs last month as the labor market continued to cool<\/a> under uncertainty over President Donald Trump\u2019s economic policies<\/a>.<\/p>\n

The Labor Department said Friday that hiring decelerated from 79,000 jobs in July. The unemployment rate ticked up to 4.3%, the Labor Department reported Friday.<\/p>\n

When the department put out a disappointing jobs report a month ago, an enraged Trump responded by firing the economist in charge<\/a> of compiling the numbers and nominating a loyalist to replace her.<\/p>\n

Talking to reporters Thursday night at a dinner with wealthy tech executives<\/a>, Trump had seemed to shrug off whatever hiring numbers would come out Friday. <\/p>\n

\u201cThe real numbers that I\u2019m talking about are going to be whatever it is, but will be in a year from now,\u2019\u2019 the president said.<\/p>\n

The U.S. job market has lost momentum this year, partly because of the lingering effects of 11 interest rate hikes by the inflation fighters at the Federal Reserve in 2022 and 2023 and partly because President Donald Trump\u2019s policies, including his trade wars, have created uncertainty that leaves managers reluctant to make hiring decisions.<\/p>\n

So far in 2025, the economy has generated 85,000 new jobs a month, down from 168,000 last year and an average 400,000 a month during the hiring boom of 2021-2023 as the United States roared back from COVID-19 <\/a>lockdowns.<\/p>\n

\u201cThe labor market is showing signs of cracking,\u201d said Heather Long, chief economist at Navy Federal Credit Union. \u201cIt\u2019s not a red siren alarm yet, but the signs keep growing that businesses are starting to cut workers.\u2019\u2019<\/p>\n

The Labor Department reported Thursday that the number of Americans applying for unemployment benefits \u2014 a proxy for layoffs \u2014 rose last week to the highest level since June, though the number of claims remained within a healthy range.<\/p>\n

The outplacement firm Challenger, Gray & Christmas said Wednesday that U.S.-based employers have announced more than 892,000 jobs cuts this year through August, more than the 761,000 reported for all 12 months of 2024.<\/p>\n

\n\t\t\t\t\t\t\t\tA dozen states, led by Arizona Attorney General Kris Mayes and Oregon Attorney General Dan Rayfield, sued the Trump administration over its global tariff policies.\n\t\t\t\t\t\t\t<\/p>\n

In a sign that U.S. hiring gains are limited and fragile, nearly 80% of new private sectors jobs this year have been created in just one industry: healthcare and social assistance, a Labor Department category that spans hospitals to daycare centers.<\/p>\n

After seeing the weak July jobs numbers, Trump fired Erika McEntarfer, head of the Bureau of Labor Statistics, baselessly claiming the hiring report had been rigged to hurt him politically.<\/p>\n

He has nominated a\u00a0partisan idealogue, E.J. Antoni<\/a>, to replace her. But for now, pending Antoni\u2019s confirmation by the Senate, the jobs report is in the hands of the acting BLS commissioner, William Wiatrowski, a career Labor Department official.<\/p>\n

Economists and others familiar with how the jobs numbers are collected have expressed confidence that Labor Department procedures will keep the data are\u00a0safe from political interference<\/a>.<\/p>\n

What set Trump off a month ago wasn\u2019t the July hiring or unemployment figures. It was BLS revisions, which shaved a stunning 258,000 jobs off May and June payrolls and slashed average monthly hiring from May through July to a mere 35,000.<\/p>\n

The revisions are standard practice, and necessary because many companies surveyed by the government submit their responses late or correct what they\u2019ve already sent in.<\/p>\n

Government economists are also contending with a big drop in the share of companies that respond to the surveys. A decade ago, about 60% of companies surveyed responded. Now only about 40% do.<\/p>\n

And it\u2019s an international problem for data collectors, especially since COVID-19. The United Kingdom even suspended publication of an official unemployment rate because of inadequate responses.<\/p>\n

\u201cI remember being at an international conference where the chief statistician of the Russian Republic was complaining about how the Russians don\u2019t want to complete their surveys,\u201d William Beach, BLS commissioner from 2019 to 2023, said in an interview last month. \u201cWhat could he do? If you can\u2019t compel completion in Russia, you can\u2019t compel it anywhere.\u2019\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over…\n","protected":false},"author":3,"featured_media":202411,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,420,405,403,5226,5225,5228,5227,67,586,132,5230,68,2969],"class_list":{"0":"post-202410","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-jobs","10":"tag-new-york","11":"tag-new-york-city","12":"tag-newyork","13":"tag-newyorkcity","14":"tag-ny","15":"tag-nyc","16":"tag-united-states","17":"tag-united-states-of-america","18":"tag-unitedstates","19":"tag-unitedstatesofamerica","20":"tag-us","21":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115151941547269015","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/202410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=202410"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/202410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/202411"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=202410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=202410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=202410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}