Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

Why job growth is slowing even without major layoffs? #JobsReport

Name: Why job growth is slowing even without major layoffs? #JobsReport
Uploaded: 2025-09-11T18:08:52+00:00
Duration: 56 s
Channel: Tom Burton
Description: Tom Burton summarizes the latest U.S. jobs report: the economy added 22,000 net jobs—well below expectations of roughly 70–75k—and recent months saw…

11 Sept 2025 · 1 min

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Tom Burton summarizes the latest U.S. jobs report: the economy added 22,000 net jobs—well below expectations of roughly 70–75k—and recent months saw small revisions (July up, June down). Job growth has slowed for two months but there are few large-scale layoffs; notable sector declines include manufacturing, federal government, wholesale trade, and mining & energy, while healthcare and social assistance added jobs.

Questions this video answers

22,000

Around 70,000–75,000

July was revised up; June was revised down.

Manufacturing; federal government; wholesale trade; mining and energy.

Healthcare and social assistance.

Chapters

Want to dive in. What happened this morning? Jobs report. So 22,000 net jobs, which was smaller than usual. I think there was expecting around 70 or 75,000. There was an upgrade or an upgrade, I guess a change to the July. July was actually a bit higher, but June was a bit lower. But bottom line, two months in a row now, Right. Job growth is pretty sad. I guess on the plus side, there's not a lot of layoffs taking place. So there's, you know, this is just job growth. This isn't net jobs in general. So people are not are still keeping their jobs, but companies are not hiring. And the sectors with the largest losses were manufacturing, federal government, wholesale trade and mining and energy. And there were new jobs created in healthcare and social assistance. So those were the two areas that came came from there.