#15 – “The August Jobs Report is bad enough. The Bigger Picture Is Even Worse.” September 7, 2025
The U.S. labor market stumbled in August 2025, with new data from the Bureau of Labor Statistics (BLS) showing the weakest job growth in nearly five years and raising concerns about the broader trajectory of the economy. Employers added just 22,000 jobs—far below the roughly 75,000–80,000 forecast by economists—and the unemployment rate climbed to 4.3%, […]