New Republic
The labor market continued to struggle in August, according to Bureau of Labor Statistics data published on Tuesday. The hiring rate in August—or, the number of hires as a share of total employment—dipped slightly from the prior month, down to just 3.2 percent. Barring June 2024 and the onset of pandemic shutdowns in April 2020…
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Another Blaring Warning Sign About Trump’s Economy Is Here
The labor market continued to struggle in August, according to Bureau of Labor Statistics data published on Tuesday. The hiring rate in August—or, the number of hires as a share of total employment—dipped slightly from the prior month, down to just 3.2 percent. Barring June 2024 and the onset of pandemic shutdowns in April 2020…