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327 Jill On Money: Jobs cool, the American dream fizzles

Silicon Valley
Jill Schlesinger @ Silicon Valley · today 09:00 EDT

Jill On Money: Jobs cool, the American dream fizzles

The August jobs report showed a further cooling of the labor market in 2025 and is consistent with what many businesses have been saying since the spring: It’s tough to operate and plan for future hiring under a cloud of tariff-related uncertainty, high interest rates, and mercurial consumers, who may retrench their spending. As a result, many companies have put hiring plans on hold, though there is no evidence of widespread layoffs permeating throughout the broader economy. Just talk to anyone who has lost

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