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Home World Australia

THE NEW YORK TIMES: Second weak jobs report in the US undercuts Donald Trump’s claim of a booming economy

5 September 2025
in Australia
0
THE NEW YORK TIMES: Second weak jobs report in the US undercuts Donald Trump’s claim of a booming economy
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President Trump dismissed a recent poor jobs report as “rigged” after the economy added only 22,000 jobs in August, with the unemployment rate rising to 4.3%. Analysts attribute the labor market stall to Trump’s tariffs and immigration policies, which have increased costs and reduced demand, raising concerns of a stagflationary environment.

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Tags: BoomingBusinessclaimDonaldDonald TrumpEconomyJobsPoliticsreportTimesTrumpsundercutsWeakYork
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