US job market weakens further in August, raising fears over economy
US job market weakens further in August, raising fears over economy

www.bbc.com
US jobs market weakens further in August

The US jobs market weakened further in August, raising new fears about the health of the world's largest economy.
Employers added just 22,000 jobs last month, fewer than expected, while the unemployment rate ticked up from 4.2% to 4.3%, according to the Labor Department.
The figures cap a string of shaky data this week on the job market and add to the concerns that spiked last month, when the Labor Department said hiring in May and June had been far weaker than it had initially estimated.
On Friday, the department said its latest estimates showed the US actually lost jobs in June, the first such decline since 2020.