09/05/2026
Small business hiring is losing steam. Employers added just 29,500 jobs in August, below the 12-month average of 41,700, and pay growth slowed to 3.9%, per new Gusto data.
Nationally, job openings ticked up to 7.3 million in July, but white collar postings fell sharply, from 1.473 million in April to 1.138 million. July's jobs report showed a surprise loss of 23,000 jobs, and economists expect only modest gains, around 50,000, when Friday's August numbers land. Inflation, meanwhile, is still running at 3.4%, well above the Fed's 2% target, with some analysts expecting a September rate hike.
Are you hiring, holding steady, or holding back right now? Tell us in the comments.
Read more via U.S. News and World Report: https://bit.ly/3T9nQ0O
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