'The US job market has also been slow to recover in recent months, with just 142,000 jobs added in August – a figure that fell short of projected targets by approximately 20,000 positions. In July, the number of new positions created dropped even lower, reaching a mere 89,000 – the lowest seen in the US since the onset of the pandemic.
August’s labor market update was further impacted by revelations that there had been 818,000 fewer jobs created between March 2023 and 2024 than previously reported, highlighting the ongoing challenges faced by policymakers in accurately assessing economic conditions.'
bostontimes.org
August’s labor market update was further impacted by revelations that there had been 818,000 fewer jobs created between March 2023 and 2024 than previously reported, highlighting the ongoing challenges faced by policymakers in accurately assessing economic conditions.'

Powell Blames Migrant Crisis for Unemployment Surge: Fed Cuts Interest Rates Amid Slowing Job Growth - The Boston Times
Federal Reserve Chairman Jerome Powell has attributed the nation’s growing unemployment rate to the ongoing migrant crisis, following the announcement…
