Via Axios: Hiring stalled again in August, with the labor market adding just 22,000 jobs, as the unemployment rate ticked up to 4.3%, the Bureau of Labor Statistics said on Friday.

Why it matters: The labor market barely grew last month, a sign the economy is rapidly cooling as global tariffs put pressure on America's businesses.

By the numbers: The report also shows that the economy shed jobs in June, with revisions showing a decline of 13,000 jobs, compared to an originally reported gain of 14,000.

• The report shows that July job gains were revised slightly higher to 79,000, up 6,000 jobs from the original estimate.

Between the lines: It is the first jobs report since Trump fired the head of he Bureau of Labor Statistics — claiming, without evidence, that the data was "rigged" after revisions showed meaningfully slower jobs growth this summer.

More here from NBC:

U.S. job growth slowed significantly in August, a sign the labor market is under increasing stress.

The Bureau of Labor Statistics reported Friday that the U.S. added 22,000 jobs in August, well below expectations for 75,000. The unemployment rate ticked higher to 4.3%, in line with expectations.

“The U.S. economy appears to have stagnated” since July, analysts with Citi said in a note this week. They cited a separate survey from the Federal Reserve released Wednesday that showed little to no increase in economic activity or employment over the past several weeks.