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Slow Job Growth Predicted Amid Trump’s Tariff Promises

9/13/2025

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Summary

Story summary

Commerce Secretary Howard Lutnick forecasts a slow recovery in Donald Trump's job market due to disappointing job reports.
The U.S. added only 22,000 jobs in August, significantly below the expected 80,000, while unemployment claims rose to 263,000.
Lutnick anticipates that Trump's "Liberation Day" tariffs could enhance GDP growth by up to 4% next year.
He stresses the importance of patience, asserting that Trump's initiatives will generate many construction jobs.
The U.S. lost 13,000 jobs in June, the first negative figures since December 2020, raising concerns about tariffs' effects on businesses.

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Story summary

Commerce Secretary Howard Lutnick forecasts a slow recovery in Donald Trump's job market due to disappointing job reports.
The U.S. added only 22,000 jobs in August, significantly below the expected 80,000, while unemployment claims rose to 263,000.
Lutnick anticipates that Trump's "Liberation Day" tariffs could enhance GDP growth by up to 4% next year.
He stresses the importance of patience, asserting that Trump's initiatives will generate many construction jobs.
The U.S. lost 13,000 jobs in June, the first negative figures since December 2020, raising concerns about tariffs' effects on businesses.