US unemployment rate near 4-year high as labor market hits stall speed
- 06-Sep-2025
WASHINGTON: U.S. job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market conditions were softening and sealing the case for a Federal Reserve interest rate cut later this month. The Labor Department’s closely watched employment report on Friday also showed the economy lost […]