August brings negative signals about the U.S. economy. Opportunities for Republicans to leverage this to gain an electoral advantage

On August 2, 2024, the U.S. Department of Labor reported that the U.S. economy created 114,000 new jobs in July, more than 1.5 times less than economists had expected.

According to official data, the unemployment rate increased to 4.3%, the highest level since October 2021, when the economy was just beginning its recovery from the COVID-19 pandemic.

Negative signals have emerged in the US economy that indicate the onset of a recession in 2024-2025.