The August jobs report has economists alarmed. Here are their 3 top takeaways.

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More

Employers added 22,000 jobs in August, falling short of forecasts, as labor market cools

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More

America’s job market flashes yet another warning sign about the economy

• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ... Read More

3 big things you need to know about the economy following today's brutal jobs report

Today's jobs report showed more pain in the labor market, including lower-than-expected job growth. Markets expect an interest-rate cut, given that the new report reinforces a more frozen job market. Read More

Weak jobs report shows even this hot sector may be cooling

The unemployment rate rose to 4.3%, the highest since 2021 Health care added 31K jobs last month, down from 42K average past year The jobs report means the Federal Reserve will likely cut interest ... Read More

Weak Jobs Report Strengthens Case for Rate Cuts

A reduction at the Federal Reserve’s next meeting this month looks all but assured after August’s labor market data. By Colby Smith Colby Smith covers the Federal Reserve. A weaker than expected jobs ... Read More

US economy adds 22,000 jobs, unemployment rate hits 4.3% in August as labor market continues dramatic slowdown

The US labor market continued its dramatic summer slowdown in August. The August jobs report released Friday by the Bureau of Labor Statistics (BLS) showed that just 22,000 new jobs were added to the ... Read More