The job market downshifted significantly over the summer.

U.S. employers added just 22,000 jobs in August, according to a report Friday from the Labor Department, while revised figures showed a net loss of jobs in June for the first time since 2020, in the midst of the pandemic.

Loading...

Overall, the labor market has shown little growth since April, and the unemployment rate inched up in August to 4.3%.

Loading...

The monthly employment report is the latest sign of weakness in the job market. It comes after President Trump abruptly fired the Labor Department official who oversaw the jobs data after a similarly disappointing report a month ago.

For the first time in more than four years, there are more people looking for work in the U.S. than there are job openings.

Factories and

See Full Page