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The Guardian - US
The Guardian - US
Business
Lauren Aratani in New York

Revisions and rising unemployment: what to know about the US jobs report

Unemployment Donald Trump United States Jobs Report US Federal Reserve Jerome Powell Howard Lutnick Kevin Hassett the Bureau of Labor Statistics CNBC
A worker stocks a fridge with fresh fruit
A worker stocks a fridge with fresh fruit at a grocery store in New York on 8 April 2025. Photograph: Angela Weiss/AFP via Getty Images

A closely watched report on US jobs released on Friday gave signs of a cooling labor market.

The economy added just 22,000 new jobs in August, coming in below expectations, while the unemployment rate ticked slightly up to 4.3%, according to the Bureau of Labor Statistics. At the beginning of the year, more than 100,000 jobs were being added each month.

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