US business hiring drops to 7-year low as Trump’s trade wars weigh on economy - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.A measure of hiring by US businesses fell to the lowest level in seven years in the third quarter as trade tensions increasingly weighed on the economic outlook.in a survey released Monday that just one-fifth of companies hired more workers over the past three months.

The decline was at least partly driven by trade disputes between the Trump administration and major economies, the business economists said. Tariffs have dimmed the outlook for an economy that had already been expected to slow this year. Tariffs levied over the past year have raised costs for companies and cast uncertainty on investment plans, the survey said, leading to weaker sales and anemic profit margins. While the US and China delayed planned economic escalations this month, the two sides maintained tariffs on thousands of each other's products.

Debi129 Duh - I’m not convinced that no one saw this coming - not even the top 1% ?!? EnoughIsEnough ImpeachTrumpPenceBarrPompeo ComplicitCorruptGOP

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beijing Woos U.S. and Other Foreign Companies as Trade War Takes TollChina has stepped up its charm offensive to attract U.S. and other foreign companies in recent weeks, seeking to offset the debilitating impact of the trade war while still exchanging blistering comments with Washington. Its really funny you guys talk about China as a Democratic Country ....WHEN IT IS NOT ONE!!!! XI JING PING IS A DICTATOR....In case i need to explain this he is like HITLER!!! GET IT? RelentlessYapp Why is Justice Anthony Kennedy shaking hands with the Chinese in this photo Poor china/wall street and their forced technology/human organ transfers.
Source: WSJ - 🏆 98. / 63 Read more »