U.S. job creation stumbled significantly in August, with non farm payroll employment expanding by only 22,000—a stark miss against market expectations of 75,000. More concerning, the unemployment rate climbed to 4.3%, marking the highest level since October 2021 and signaling potential softening in the labor market. This weak non farm payroll report, reported by PANews on September 5th, suggests the employment picture is weakening faster than anticipated, which could influence monetary policy considerations in the coming months.