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What Effect Will Slowed Hiring and Rising Unemployment Have on Virginia Elections?

August payrolls rose by only 22,000 with unemployment at 4.3%, the highest since 2021, indicating weakening labor market momentum amid economic policy uncertainties.

  • This Friday, the Bureau of Labor Statistics reported August payrolls rose by just +22,000 while the unemployment rate rose to 4.3% despite a household survey gain of +288,000 in the U.S. labor market.
  • Revisions to prior months show the three-month average of job gains fell to +29,000, June's total turned negative for the first time in over four years, and analysts say tariffs from August 1 and the Trump administration's immigration policy contributed.
  • Data show rising permanent job losses and falling churn as unemployment among new entrants and re‑entrants climbs to the highest since 2016, while average hourly earnings rise 0.3% month over month .
  • Economists now see a clearer path to near‑term easing as authors pencil in a 25 bp cut for September and move a second cut to October ahead of the Federal Reserve meeting on September 16th.
  • Revisions also broke a 53‑month job‑creation streak, the manufacturing sector lost 78,000 jobs in 2025, and Don Sharp said, `What our clients tell us is there's still continuing uncertainty.
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14 Articles

Lean Left

The unemployment rate rose to 4.3% in August, the highest level since autumn 2021 and only 22,000 jobs were created.

·Montreal, Canada
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Center

Donald Trump: Unemployment in the United States rose to 4.3%, according to the latest measurement taken at the end of August 2025.

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  • 75% of the sources lean Left
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Hunt Scanlon Media broke the news in on Friday, September 5, 2025.
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