Employers added 22,000 new jobs in August. For those paying attention, this is substantially below what had been forecast.
Employers added 22,000 jobs in August, with private sector payrolls up 38,000.
The unemployment rate rose to 4.3% (This is the highest since 2021.)
Job growth for June was revised down to show a *loss* of 13,000 jobs, and July was revised up to a gain of 79,000 from 73,000. On…
— Nick Timiraos (@NickTimiraos) September 5, 2025