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Jobs report: The US lost jobs in June (a first since the pandemic). August data adds to slowdown [1]
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Date: 2025-09-05
The August employment report shows that jobs in the US are evaporating. The latest BLS job numbers show that employers added only 22,000 jobs in August, while the unemployment rate rose to 4.3%. Revised data also showed that employment fell by 13,000 jobs in June, marking the first net loss since December 2020 — when America was locked down during the pandemic (and the first time Trump was in office).
The number of chronically unemployed also jumped. The number of workers who have been unemployed for 27 weeks or longer jumped to 1.93 million — more than one in four jobless Americans.
Let’s note that even these awful numbers might not reflect just how bad the employment picture really is. This is the first jobs report since President Trump fired Erika McEntarfer as the BLS commissioner because he didn’t like her data. I wonder what the numbers would have been if his new appointees had not been reporting the data.
There are also signs beyond the unemployment rate that the labor market is loosening. A broader measure , which also counts those who are working part-time because they can't find full-time work, has been steadily rising and jumped to 8.1 percent in August.
People who know about these things are worried. Sam Kuhn, for instance, an economist at the digital recruiting firm Appcast, was pessimistic.
"The labor market is almost frozen solid. This is very different than the labor market we saw just two years ago. … I think we're at an elevated risk of a recession."
Beyond the BLS report, there is more bad news .
Layoffs have picked up. U.S. employers cut about 86,000 jobs last month, a 39% increase from July, and the highest August level since 2020, according to a report released Thursday by Challenger, Gray & Christmas, a global outplacement firm.
Retail, pharmaceuticals, finance, technology, nonprofits, and media reported the biggest losses.
New filings for unemployment benefits rose last week to the highest level since June, according to the Labor Department.
Unemployment rates for African Americans, recent college graduates, and people with disabilities — all of whom tend to be more vulnerable to labor market weakness — have climbed in recent months.
This awful employment picture is Trumponomics coming home to roost.
Not that Fox News consumers will see the devastation. On its website, the jobs report was the 17th story under the anodyne title : US job growth remained subdued in August amid economic uncertainty.
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