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Labor Department to deliver first jobs report since Trump’s BLS firing
The Bureau of Labor Statistics (BLS) on Friday will deliver its first jobs report since President Trump fired its leader in response to disappointing employment data for July. Economists are predicting more weakening in the labor market for August, which could prompt further reprisals and criticism from Trump. “August’s employment report is likely to confirm that a marked slowdown in labor market conditions is underway,” EY-Parthenon chief economist Gregory Daco wrote in a preview of the report. Daco expects nonfarm payrolls to increase by just 40,000 in August, following the modest 73,000 jobs that were ... (full story)
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Sep 4, 2025 11:11am
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From finance.yahoo.com | Sep 4, 2025
The US labor market is slowing down. After a round of weaker-than-expected job market figures this week, the Bureau of Labor Statistics (BLS) will release the August jobs report on Friday morning at 8:30 a.m. ET. The report is expected to confirm these trends seen elsewhere in the US economy. Economists expect the US economy added 75,000 jobs in August ...
Private sector employment increased by 54,000 jobs in August and pay was up 4.4 percent year-over-year according to the August ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure of the labor market based on the ...
Earlier this week, we laid out a case why the coming Sept 9 Preliminary Benchmark Announcement of labor market revisions could shock the Fed, and force a jumbo 50bps rate cut similar to last year for one simple reason: the revision could be just as big as last year, and as Powell explained, the massive 818K revision in 2024 was one of the primary reasons ...
