August Job Cuts Leap in Blow to Trump Economy

Shane Croucher • September 5, 2025

President Donald Trump has said the American economy is the hottest in the world.

There was a sharp spike in job cuts during August, new data shows, as employers shed staff due to a worsening economic picture. A separate report also showed a weaker-than-expected number of new jobs… [+2092 chars]

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August Job Cuts Leap in Blow to Trump Economy

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