US job growth slowdown expected in August, revisions in focus

The U.S. job market is showing signs of strain as we approach the August 2025 employment report. Economists anticipate modest job growth, with projections of around 75,000 new positions, a significant decline from earlier in the year. This slowdown is evident across various sectors, including construction, hospitality, and federal employment. Notably, job cuts surged by 39% in August, marking the highest total for that month since 2020.