Ad industry lost another 1,200 jobs in August, but there’s no need for panic

The news: US advertising and related industries lost 1,200 jobs in August, per the Bureau of Labor Statistics, marking the sixth loss in seven months.

  • The news came as part of a jobs report that showed slower growth than expected, increasing pressure on the Federal Reserve to cut interest rates at its September 17-18 meeting.
  • The BLS revised its July job losses from 500 to 600 and is likely to update August’s figures next month.

"Behind the Numbers" Podcast