"The United States labour market has begun to stall as employers face economic uncertainty due to tariffs imposed by US President Donald Trump and an immigration crackdown that has softened the labour pool. The economy added 22,000 jobs in August, while the unemployment rate rose to 4.3 percent, according to the report published by the US Department of Labor on Friday, the latest sign of slowing momentum in the labour market."
"Healthcare added 31,000 jobs and social assistance 16,000, making them the only sectors to see significant gains. Smaller increases were reported in construction, retail, professional and business services, and leisure and hospitality. Those advances were offset by losses in other areas, including 15,000 federal government jobs, 12,000 in manufacturing, and 6,000 in oil and gas extraction. Another poor jobs report thanks to tariffs."
The economy added 22,000 jobs in August and the unemployment rate rose to 4.3 percent. Healthcare added 31,000 jobs and social assistance added 16,000, making them the only sectors with significant gains. Smaller increases occurred in construction, retail, professional and business services, and leisure and hospitality. Offsetting losses included 15,000 federal government jobs, 12,000 in manufacturing, and 6,000 in oil and gas extraction. Tariffs and an immigration crackdown created economic uncertainty and softened the labour pool, contributing to weaker hiring. Revisions showed July up slightly to 79,000 and June revised from +14,000 to a 13,000 job loss.
Read at www.aljazeera.com
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