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Experts say low job growth is the predictable result of immigration and tariff policies.
Employers added just 73,000 jobs last month, well short of what forecasters expected. Worse, revisions shaved a stunning 258,000 jobs off May and June payrolls.
Many of the gains came in leisure and hospitality jobs.
We went looking for other labor market data to suss out how healthy the job market really is right now.
Americans 24 and younger are helping drive the trend.
Data out Tuesday from The Conference Board indicates consumers think the tub is draining faster than it’s filling up.
Firms with fewer than 10 people let workers go at the highest rate in February. Those businesses are more exposed to quick economic changes.
The “official” rate only counts unemployed people who have looked in the last four weeks. Five other rates track other kinds of unemployment.
The monthly jobs report is actually two reports based on two surveys that use different sources for different information.
There’s been a lot happening that could affect the job market. But what impacts will actually show up in the numbers?
