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U.S. Economy Falters: Job Losses and Rising Unemployment

9/14/2025

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Story summary
  • The U.S. economy shows warning signs, with job losses in June marking the first decline since 2020.
  • The unemployment rate rose to 4.3% in August, with Black workers' rate increasing to 7.5%.
  • Manufacturing jobs decreased by 12,000 in August, totaling 78,000 losses in 2025.
  • Federal employment declines have particularly impacted Black workers reliant on stable government jobs.
  • These trends suggest a potential economic downturn, worsened by cuts to health coverage and food assistance.