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August jobs report to show further 'softness growing' in the US labor market as Fed rate cuts near
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 while the unemployment rate is expected to have risen to 4.3%, according to data from Bloomberg. Economists are also expecting hourly earnings to have increased 0.3% over the prior month in August and 3.7% over last year. In July, the economy created 73,000 new jobs, ... (full story)
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Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.3 percent, also changed little in August. A job gain in health care was partially offset by losses in federal government and in mining, quarrying, and oil and gas ...
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 ...
From finance.yahoo.com | Sep 5, 2025
The Bureau of Labor Statistics downplayed a lockdown of its online databases after warning of technical difficulties in the moments before the release of the closely watched August employment report. “Locking the database prior to any release is a normal part of our release process,” BLS spokesperson Stacey Standish said in an emailed statement shortly ...
