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Laura Coates Live

Jobs Report Shows Stalling Hiring And Rising Unemployment

Laura Coates Live

CNN

News

4.22.5K Ratings

🗓️ 6 September 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

The US economy added just 22,000 jobs last month, the Bureau of Labor Statistics reported Friday. The unemployment rate rose to 4.3% from 4.2%.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Tonight is our economy booming or stalling? New warning signs under President Trump, as the White

0:08.5

House says, look far, far into the horizon. Plus, could he be the world's first trillionaire?

0:15.0

No, not Trump, Elon Musk. Tesla proposes an eye-popping pay package for him, but the carrot comes with some serious strings attached.

0:24.0

And Trump's immigration crackdown hit to New York and also Georgia, ending in hundreds of arrests.

0:30.0

The co-owner of one of the plans targeted joins me.

0:33.5

Tonight on Laura Laura Coach Live.

0:46.7

President Trump has used a lot of words to describe his economy, or at least the one he's promised to deliver, words like booming and roaring and prosperous.

0:51.8

But tonight, the numbers, well, they tell a very different story.

0:55.9

Talk is cheap. And a cratering jobs market is costing all of us plenty.

1:02.9

22,000 jobs added in the month of August. That was much less than the expectation of 75,000.

1:10.2

Unemployment rate hits 4.3. That's the highest since

1:12.8

2021. And June jobs actually revised to negative. That would be the first month of job loss since

1:18.5

December of 2020. Yeah, you heard that, right? Only 22,000 jobs added in August. Let me put that

1:25.9

into perspective, because you might think, all right, that's an ad and growth is growth.

1:29.3

Well, it's the amount of growth that's the issue. 22,000 is actually really low. Consider this. The U.S. needs to add 100,000 per month to keep up with population growth.

1:42.3

And those revised numbers for June, now in the red.

1:46.2

No net jobs added, only losses.

1:49.5

The first time that's happened since the dark days of COVID.

1:53.7

And the abysmal numbers, they don't end there.

1:56.1

Look at manufacturing jobs, specifically.

1:58.6

The second of Trump is saying he's going to supercharge and lead to a new

2:02.0

golden age. Well, that's down 78,000 jobs this year. So what exactly is going on?

...

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