Fact-check analysisVerified as of September 18, 2025Curated by FactVerify
Mostly True

Jobs are at a record high.

Recent data and reports indicate that U.S. Jobs levels are at or near record highs, though some reports note slower job growth and mixed signals.

Gold price rallies to record high after downbeat U.S. jobs data - Kitco News

Gold price rallies to record high after downbeat U.S. jobs data - Kitco News

Source: kitco.com

At a glance

Key Evidence

Verified September 18, 2025
The reporting

What the Evidence Shows

Multiple sources from early to mid-September 2025 confirm that employment levels in the U.S. Have reached record highs or near-record highs. For example, Investopedia highlights a presidential record under Joe Biden with no months of job losses and consistent job additions.investopedia.cominvestopedia.comFriday's Jobs Report Created A Presidential Record—For Joe Biden Wisconsin's state report also notes record-high jobs and median wages. Additionally, strong jobs data has contributed to stock market record highs.businessinsider.combusinessinsider.comStock Market Today: Record High Shows Good News Is Good News After Jobs Report+2 more

However, some sources point out nuances: the August private sector employment increase was modest (54,000 jobs), below expectations and down from July's revised figures.hrsea.economictimes.indiatimes.comhrsea.economictimes.indiatimes.comS&P 500 Hits New Record High Ahead of Key Jobs Report, ETHRWorldSEA CNN Business discusses a surprisingly weak job market that has influenced investor expectations for Federal Reserve rate cuts.cnn.comcnn.comWhy are stocks setting records when the economy feels down in the dumps? This suggests that while total jobs may be at record levels, the pace of job growth is slowing.

In contrast, several sources about gold prices emphasize that soft or weak jobs data have driven gold to record highs, indicating market sensitivity to employment trends ( through ). This further supports the idea that while jobs are high in absolute terms, recent monthly gains have been weaker than expected.economictimes.indiatimes.comeconomictimes.indiatimes.comGold surges to fresh record high after soft US jobs datakitco.comkitco.comGold price rallies to record high after downbeat U.S. jobs data

Overall, the claim that "Jobs are at a record high" is supported by multiple independent reports confirming historically high employment levels. Yet, the context of slower growth and mixed monthly data tempers the interpretation.

Primary trail

Verified Sources10

Friday's Jobs Report Created A Presidential Record—For Joe Biden

investopedia.com
Open source

Why are stocks setting records when the economy feels down in the dumps?

cnn.com
Open source

Despite record-high jobs and median wage, federal policy changes could challenge...

wpr.org
Open source
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