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Home > Business Matters > US job growth slumps as trade tensions escalate
Podcast: Business Matters
Episode:

US job growth slumps as trade tensions escalate

Category: Business
Duration: 00:49:54
Publish Date: 2025-08-02 01:05:00
Description:

The US jobs market has taken a sharp turn - 73,000 jobs were added last month, marking the weakest monthly gain since the Covid pandemic. Economists were caught off guard, and revised figures show earlier job creation was also far lower than first reported. Democrats blame President Trump’s trade policy for hurting business confidence.

Meanwhile, trade tensions are rising. Trump has imposed steep new tariffs on some Canadian goods.

A jury in Florida has ordered Tesla to pay more than $2,000,000 after finding the company's autopilot technology was partly to blame for a fatal crash.

And we take a lighter look and head to Edinburgh, where the world's largest arts jamboree is underway.

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