Payrolls Rose 22,000, Sign of Hiring Slowdown

 With the end of August came the release of the Nonfarm payroll statistics.  The release showed an increase of only 22,000 in the payroll, indicating that the downward trend in job creation is continuing.  The previous couple of months have demonstrated weak job creation growth, with July showing a decline of 13,000 jobs.  This is a concern for the government as it examines the market, as it indicates that the labor market is weakening.  Many people believe that these indices will be a major driver in the Fed's decision to cut rates in its next release on September 17th.  Overall, the data surveys indicate that the healthcare sector is leading the way in job creation in the job market.  The Bureau of Labor Statistics will release its revised statistics this Tuesday after conducting further surveys, but there is little hope of seeing an increase in the numbers.

Although the job creation statistics do not indicate a strong job market, the unemployment statistics are showing some signs of improvement.  The overall unemployment rates did see an increase; however, this incline is likely a result of growth in the labor force.  With the latest release of labor statistics, the labor force grew by 436,000.  Along with the increase in the labor force, there was growth in the U.S. wage values.  The hourly wage has seen a rise, although it remains slightly behind the projected values for the year's growth goals.  It is also a good sign that the stock markets were not hindered by the job creation statistics upon their release by the Bureau of Labor Statistics.  The stock market opened high, indicating that the market did not have extreme concerns about the released data.  Overall, the data being released continues to support the belief that the Fed will cut rates and indicates that some change is needed to support the weakening job market.

https://www.cnbc.com/2025/09/05/jobs-report-august-2025.html