According to estimates, the U.S. unemployment rate fell to 4.3% in August

Unemployment in the U.S. fell from 4.2% last month to 4.3% in August, according to official data released on Friday. The order of unemployment rises in the preface of growing concerns that U.S. President Donald Trump’s tariff policies are hurting the world’s largest economy.

This week, Moody’s chief economist Mark Zandi said the United States was “the brink of recession”, citing national-level data.

According to him, states that account for nearly one-third of the U.S. GDP are already in recession or at high risk of entering a person’s GDP.