this post was submitted on 05 Sep 2025
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Economy

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US Job Growth Slows Sharply in August Amid Surge in Layoffs; T-Mobile Boosts USCellular Synergies, Apple Eyes iPhone Price Hike (stockmarketwatch.com)
submitted 2 weeks ago* (last edited 2 weeks ago) by RegularJoe@lemmy.world to c/economy@lemmy.world
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  • The U.S. private sector added a mere 54,000 jobs in August, significantly missing expectations and marking a sharp slowdown from the previous month.

  • U.S. companies announced just 1,494 new jobs in August, the lowest for the month since 2009, while layoffs surged 39% to 85,979.

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[–] HubertManne@piefed.social 1 points 2 weeks ago

Was this adjusted as I swear the news said twenty something thousand this morning?