Despite widespread pessimism at the start of 2025, the American economy has continued to demonstrate resilience, even as recent labor data point to emerging challenges. Following a turbulent spring marked by trade policy shifts and a summer slowdown in growth, the nation’s job market showed further signs of cooling in early September. n nAccording to the Bureau of Labor Statistics (BLS), the average monthly job gain over June, July, and August fell below 30,000—a sharp decline compared to earlier in the year. This marks the second consecutive month of weak employment figures, raising concerns among analysts about the sustainability of economic momentum. n nWhile consumer spending and industrial output have remained relatively stable, the sluggish hiring trend suggests potential fragility beneath the surface. Economists caution that prolonged weakness in job creation could influence Federal Reserve policy decisions in the coming months. n— news from The Economist
— News Original —nAmerica’s economy defies gloomy expectationsnOnly America’s most confident economic bulls will have remained upbeat this far into 2025. Any flickerings of optimism that survived the tariff chaos of spring and this summer’s growth slowdown will have taken another hit in early September, when employment figures came in weak for the second time in a row. America added less than 30,000 jobs on average in June, July and August, the Bureau of Labour Statistics (BLS) announced.