Security in Unsettling Times Job Growth is Slowing As reported by Paul Wiseman and Christopher Rugaber, the current administration’s erratic and radical trade policies are having a significant negative impact on hiring. The U.S. Labor Department had forecast job growth at 115,000 for last month. The actual number was 73,000, a 37% gap. July wasn’t the only month with disappointing results. Combined, May and June payrolls were lowered by 258,000, resulting in a slight rise in unemployment (4.2%), or an increase in the unemployed of 221,000. Scott Anderson, chief U.S. economist at BMO Capital Markets, said, “A notable deterioration in U.S. labor market conditions...
How to get your employees not to worry
Published 08/02/2025