Democratic Party - Democratic National Committee

09/05/2025 | Press release | Archived content

Trump’s Economy is in the Gutter as Jobs Disappear and Unemployment Hits 4-Year High Arrow

There's only one word for today's jobs numbers: disastrous. Only 22,000 jobs were added in August - well below expectations - including job losses in the manufacturing sector, which are now down 78,000 total for the year. The report also showed that jobs numbers were worse than we originally thought in the prior two months - June's number was revised down further to -13,000, the first month of negative job growth since 2020. The unemployment rate ticked up to 4.3%, the highest it's been since October 2021.

In response, DNC Rapid Response Director Kendall Witmer released the following statement:

"Is this economy the 'golden age' Donald Trump promised? Trump sold out the middle class, and now working families are being squeezed from every angle: layoffs are mounting, jobs are disappearing, and prices continue to skyrocket while billionaires are cashing in on his massive tax cuts. Despite Trump's attempts to pull the wool over the public's eyes, there's no denying the real economic pain that his billionaire-first agenda is causing working families."

Today's job numbers are the latest example of Trump's catastrophic economy. A new report yesterday showed that employers cut over 85,000 jobs in August - the worst August since 2020 and aside from that, the worst since the Great Recession. Nearly 900,000 jobs have been cut so far in 2025, up 66% from this point last year. For the first time in years, there are more unemployed people than job openings, and the hiring rate has fallen to near its lowest level since 2013. Manufacturing has contracted for six straight months, with factory orders down three of the last four months. Meanwhile, prices keep climbing, farmers are being squeezed, and businesses are in survival mode under Trump's failed economy.

Yesterday, Trump preemptively tried to downplay the jobs numbers by claiming we wouldn't see "real" jobs numbers until next year - even though he fired the previous jobs commissioner and is installing his own lackey to try to cook the books at the Bureau of Labor Statistics. Trump can try to dodge accountability all he wants - but there's no escaping how Americans really feel about his economy.

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