Archive · 2 Aug 2025

US Job Growth Slows Amid Trade Uncertainty, Sparks Criticism

US Job Growth Slows Amid Trade Uncertainty, Sparks Criticism

The US economy is slowing down, with fewer jobs being created than expected, and some past job numbers were even worse than first reported.

This is causing concern because key economic data like this impacts the economy.

Many economists think the problems are because of former President Trump's trade policies and tariffs.

Also, President Trump called for the firing of the head of the group that counts jobs.

The weak numbers may also lead the Federal Reserve to lower interest rates, which could affect loans.

Sources