US job market weakens further in August, raising fears over economy

The Fed got it wrong and is late again, top economist says, as job gains collapse

Mohamed El-Erian said the Federal Reserve made another policy mistake, echoing President Donald Trump’s criticism of the central bank and Chairman Jerome Powell. The remarks came after the latest jobs report revealed the U.S. economy added just 22,000 jobs in August with revisions to prior months showing June actually saw a decline. Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now…

Investor Expectations Rise as Anticipated Fed Rate Cut Looms - Real News Now

The trading day began on a positive note, with investors rallying in anticipation of a rate cut from the Federal Reserve. Economic indicators have been pointing towards a slowing labor market, stimulating these expectations. The August employment stats, demonstrating a weaker-than-anticipated increase of 22,000 jobs, further fueled the speculation. Signs of a further slump in employment numbers could trigger a rate cut during the Fed’s forthcomi…

America's job market slumps under Trump's second term: August report shows weak hiring

Seven months into Donald Trump’s second term as President, the US job market is showing signs of serious strain. The latest August jobs report, released on Friday, revealed that only 22,000 new jobs were created far below expectations and the unemployment rate has risen to 4.3%, the highest in four years. These developments come as Trump’s tariff-heavy trade policies, targeting countries like India and others, begin to take a toll on the economy…

Real Gains Ground as U.S. Labor Data Triggers Dollar Slide Amid Rate Cut Bets

The Brazilian real opened stronger on September 6, 2025, following official employment figures from the United States that fell short of expectations. Around 5.415 reais exchanged for one U.S. dollar, as seen on clear market data reflected in the latest ICE and TradingView composite charts. All recent trading sessions have reinforced this trajectory. The real […]

US stocks slide, but jobs data boosts rate cut hopes

NEW YORK, United States — US stocks slid on worries about the economic outlook and profit-taking. But weak US jobs data cemented expectations of an interest rate cut later this month on Friday. Wall Street’s three main indices opened in positive territory after official data showed the US economy added 22,000 jobs last month. That meant

‘This is a failing economy’: Sen Alsobrooks on the dismal August jobs report

“It’s hard to run from the truth,” says Sen. Alsobrooks on Trump’s economy only adding 22,000 jobs in August. “This is a failing economy and it’s nothing to celebrate because he’s hurting every day, hardworking Americans – and it’s only getting worse by the moment.” She also discusses her call to remove RFK Jr.