WSJ What’s News All Eyes on Today’s U.S. Jobs Data
41 snips
Sep 5, 2025 Concerns are rising over the weakening U.S. labor market and its potential impact on the economy. Tech leaders like Zuckerberg and Gates commend Trump's focus on innovation and AI. Meanwhile, Trump proposes renaming the Department of Defense, signaling a shift in military language. The discussion also highlights modest job growth amid fears of unemployment increases and considers the influence of chip manufacturing investments on tech and trade strategies.
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Labor Market Showing Gradual Weakness
- Economists expect continued labor-market weakening with only modest job gains and a slight rise in unemployment.
- That trend raises risks of consumer and business pullbacks that could accelerate an economic slowdown.
Fed Faces Tightrope On Timing Rate Cuts
- The Fed likely faces pressure to cut rates given labor-market deterioration but risks acting too late.
- Ongoing data revisions make it hard to judge true job growth and complicate policy timing.
US Prepares To Revisit USMCA
- The U.S. is preparing to reopen talks on renegotiating the USMCA, signaling potential trade shifts.
- The move follows prior tariff actions that undercut the pact and could reshape North American trade rules.
