U.S. employers added just 22,000 jobs in August, a sharp slowdown that coincided with the unemployment rate climbing to 4.3%, highlighting emerging slack in the labor market.
In April, the U.S. economy demonstrated resilience by adding 177,000 jobs, surpassing analyst expectations. This steady job growth reflects the ongoing recovery, maintaining a positive outlook for the labor market despite lingering economic challenges.
In a disappointing turn, the U.S. only added 12K jobs in October, falling far below the expected 113K. This unexpected slowdown raises concerns in the labor market.
In September, the U.S. economy added an impressive 254,000 jobs, significantly exceeding expectations. This strong employment growth contributed to a decline in the unemployment rate to 4.1%, signaling robust labor market health amidst economic uncertainties.