America’s job market slumps under Trump’s second term: August report shows weak hiring
Under US President Trumpโs second term, the job market is showing worrying signs of weakness, with job creation nearly stalling and unemployment hitting a four-year high, revealed reports.
New Delhi: Seven months into Donald Trumpโs second term as President, the US job market is showing signs of serious strain. The latest August jobs report, released on Friday, revealed that only 22,000 new jobs were created far below expectations and the unemployment rate has risen to 4.3%, the highest in four years.ย These developments come as Trumpโs tariff-heavy trade policies, targeting countries like India and others, begin to take a toll…