Report: Just 22K Jobs Added To US Economy In August

The Bureau of Labor Statistics reports just 22,000 jobs were added in August(well below expectations), as unemployment ticked up to 4.3%.

Plus, there were downward revisions for June and July to the tune of -21,000. That’s the first net loss of jobs since 2020 in the midst of the pandemic. Yikes.

It’s worth noting this report comes after Donald Trump abruptly fired the Labor Department official who oversaw the jobs data after a similarly disappointing report a month ago.

Folks –  the numbers aren’t faked. Not rigged. They’re real. This is Trump’s economy.

There was a modest increase in health care jobs (+31K) which was partially offset by continued cuts in the federal workforce (-15K).

Manufacturing employment changed little in August (-12,000) but is down by 78,000 over the year.

Overall, the labor market has shown little growth since April, and the number of long-term unemployed (those jobless for 27 weeks or more) has increased by 385,000 over the year.

Read the full report here.

With the continued weakness in the job market, most experts believe the Federal Reserve will lower interest rates when policymakers meet later this month. Investors widely expect the Fed to cut its benchmark rate by a quarter percentage point.

Fox Business is coping hard with another bad Trump jobs report: “That 22,000 number — it’s a weaker than expected number, and these revisions are pretty brutal … it’s disappointing … there’s a lot of concern” pic.twitter.com/bXPXQCl1d8

— Aaron Rupar (@atrupar) September 5, 2025