‘The eye of the hurricane’: Why the U.S. job market has soured, economists say

cnbc.com/2025/08/01/us-job-market-jobs-report-july-2025.html

The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall.
"We're finally in the eye of the hurricane," Daniel Zhao, chief economist at career site Glassdoor, wrote in a note.
"After months of…

This story appeared on cnbc.com, 2025-08-03 17:50:54.325000.
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