Home Business Cracks in the U.S. economy: Job growth slows 75% from a year ago

Cracks in the U.S. economy: Job growth slows 75% from a year ago

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U.S. employers added just 22,000 jobs in August.  A small gain in health care jobs was partially offset by continued cutbacks in the federal government.

The U.S. job market showed more signs of weakness Friday, as the Labor Department reported just 22,000 jobs added in August. Revised figures show the economy lost jobs in June, for the first time since the pandemic winter of 2020.

(Image credit: Frederic J. Brown)

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