An underwhelming August jobs report is adding to fears of an economic slowdown, raising the stakes for President Trump‘s reelection bid.
The U.S. added roughly 130,000 jobs in August, according to federal data released Friday, undershooting economists’ expectations as the labor market continues to slow.
The resilient job market has been one of Trump’s top selling points as he attempts to win re-election on the strength of the U.S. economy. But the disappointing August jobs report threatens to undercut Trump’s message ahead of a critical stretch for the economy.
The report comes as the Trump administration and China try to revive trade talks after more than a year of tit-for-tat tariffs between the world’s two largest economies.
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