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
US Unemployment Hits 4.3% as Deterioration Fear Grows
Get caught up.
The unemployment rate rose to 4.3% in August, the highest level since autumn 2021 and only 22,000 jobs were created.
What effect will slowed hiring and rising unemployment have on Virginia elections?
RICHMOND, Va. (WRIC) -- Does the latest jobs report spell trouble for Republican Winsome Earle-Sears in the Virginia governor’s race? “It’s absolutely true that voters will blame the party in power for the economy, whether or not it’s fair to,” Randolph-Macon Political Science Professor Rich Meagher told 8News. According to the Bureau of Labor Statistics, the U.S. added just 22,000 jobs in August, and the nation’s unemployment rate grew to 4.3% …
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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