fromwww.mercurynews.com
3 days agoJill On Money: Jobs cool, the American dream fizzles
The August jobs report showed a further cooling of the labor market in 2025 and is consistent with what many businesses have been saying since the spring: It's tough to operate and plan for future hiring under a cloud of tariff-related uncertainty, high interest rates, and mercurial consumers, who may retrench their spending. As a result, many companies have put hiring plans on hold, though there is no evidence of widespread layoffs permeating throughout the broader economy.
US politics