The job market continues to be weak, and Gate exchange is following the unemployment rate rising to 4.3%.

The employment data for August 2025 further confirms the difficulties in the labor market. The month saw only 22,000 new jobs added, far below the 75,000 expected by economists.

According to official statistics, the unemployment rate has soared to 4.3%. This sign of economic slowdown, coupled with the previously displayed weakness, has significantly increased the likelihood of the central bank lowering interest rates later this month.

Looking back at the data from July, the number of new jobs reached 79,000 after a slight adjustment. However, the situation in June was more severe, with revisions showing that there was an actual loss of 13,000 jobs that month. This continuous downward trend is concerning.

Personnel Changes Trigger Data Controversies

Recently, the Director of the Labor Statistics Bureau was dismissed, a decision that has drawn widespread attention. The newly nominated candidate had publicly questioned the objectivity of the bureau's data. During the Senate confirmation period, William Wiatrowski is serving as the acting commissioner.

Glassdoor Chief Economist Daniel Zhao commented: "The job market is currently stagnant. The latest reports and downward revisions of previous data indicate that the labor market is losing momentum, and we have not yet achieved an economic soft landing."

Industry performance is uneven

The recruitment situation across various industries is showing divergence. Employment in the federal government decreased by 15,000, dragging down the overall employment data. The private sector showed mixed performance, with healthcare adding 31,000 jobs and social assistance increasing by 16,000.

However, the manufacturing and wholesale trade sectors have lost 12,000 jobs respectively. This means that factories have experienced layoffs for four consecutive months.

Olu Sonola, the head of economic research at Fitch Ratings, pointed out that:

"The warning signs from the labor market a month ago are now more evident. The weak employment report almost certainly confirms a 25 basis point rate cut later this month. The continuous decrease in manufacturing jobs for four consecutive months is particularly concerning. The impact of tariff uncertainty on the economy cannot be overlooked."

Wage growth appears to be somewhat weak. In August, the average hourly wage increased by 0.3%, in line with expectations. The annualized wage increase is 3.7%, slightly below the expected 3.8%. This data is still insufficient to indicate a significant upward pressure on wages.

Central Bank Policy Trends Attract Attention

The central bank is expected to hold a meeting on September 17, and the market widely anticipates a 25 basis point cut in the benchmark interest rate. Decision-makers are facing multiple pressures, having to address the weak job market while also being wary of inflation risks.

The latest data shows that inflation is rising slowly but steadily. This presents a dilemma for policymakers: on one hand, there is a slowdown in labor force growth, while on the other hand, there are concerns about inflation.

Household surveys indicate that the number of employed individuals has increased by 288,000. However, the number of unemployed individuals has also risen by 148,000, and the labor force has increased by 436,000, pushing up the unemployment rate. The labor participation rate has edged up to 62.3%.

Another indicator - the broad unemployment rate (which includes those who have given up looking for work or are involuntarily working part-time) has risen to 8.1%, reaching a nearly four-year high.

Analysts at Gate.io believe that the ongoing weakness in the job market may impact the cryptocurrency market. Investors should closely monitor subsequent economic data and policy trends, adjusting their investment strategies as necessary.