Unemployment Hits 4.3%—Worse Than Expected
Forbes·2025-09-05 20:55
ToplineThe labor market appeared to degrade further in August, according to Bureau of Labor Statistics data released Friday, the first by the agency after President Donald Trump ousted its leadership for alleged data manipulation. A jobs report, the first since Trump fired the Bureau of Labor Statistics chief, will help determine the Fed’s interest rate decision.Getty ImagesKey FactsThe unemployment rate rose to 4.3% in August, above economist forecasts and July’s reading of 4.2%, according to FactSet.The U ...