This week, new economic reports have continued to make it abundantly clear that Donald Trump is responsible for an anemic economy that is wreaking havoc on working families across America. The labor market is cooling dramatically, with jobless claims rising to their highest level since June this month and labor market growth slowing dramatically in August. Just yesterday, new reporting showed that unemployed workers now outnumber available jobs for the first time since the COVID-19 pandemic. With the job market in decline, there’s no question that working families are paying the price for Trump’s reckless incompetence. Read more about how Trump is wreaking havoc on the U.S. job market:
HEADLINES
- CNBC: Labor Market Growth Slows Dramatically in August With U.S. Adding Just 54,000 Jobs, ADP Says
- Forbes: Private Hiring Declines As Labor Market Slows Sharply
- CNN: America Just Got Another Slate of Lousy Job Market News
- Bloomberg: US Initial Jobless Claims Rise to Highest Level Since June
- MarketWatch: Jobless Claims Rise to Highest Level Since June, Adding to Concerns About Labor Market
- CNBC: Job Opening Data Falls to Levels Rarely Seen Since Pandemic
- Axios: There’s New Evidence the Job Market Is Softening
- Fortune: ADP Says Job Growth Was ‘Whipsawed’ in August, With Rare Warning on AI and Consumer Jitters
- The Wall Street Journal: ADP Report Shows Hiring Slowed in August