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Sunday, November 15, 2026Nov 15

Employers add no net jobs in August

employers-add-no-net-jobs-august
employers-add-no-net-jobs-august

CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON – Employers stopped adding jobs in August, an alarming setback for an economy that has struggled to grow and might be at risk of another recession.

It was the weakest jobs report since September 2010. The unemployment rate remained at 9.1 percent.

Stock futures plunged on the news. Dow futures fell nearly 100 points shortly before the market opened.

A strike by 45,000 Verizon workers lowered the job totals. Those workers are now back on the job.