Post #53099 by PucksFool on the US Policy board

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https://finance.yahoo.com/news/hiring-stalled-augu...

U.S. job growth continued to slow down in August, a sign that the labor market is deteriorating markedly.

The government also revised its numbers from earlier in the summer, and said that the economy lost a net 13,000 jobs in June. It was the first such decline since December 2020.

The U.S. added 22,000 jobs in August, the Labor Department reported Friday, below the gain of 75,000 jobs economists polled by The Wall Street Journal had expected to see.

The unemployment rate, which is based on a separate survey from the jobs figures, was 4.3%, up slightly from 4.2% in July.

Private-sector employment grew by 38,000 jobs, driven by a gain of 46,800 jobs in healthcare and social assistance. Federal government employment declined 15,000 jobs in August.

Hmm, let's think - who was the POTUS the last time the labor market did as poorly as it did in the sentence that I bolded?

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