New York The economy might be slowing and recession risks are rising, but experts don't think the US' long streak of employment growth has ended yet.
Economists polled by Refinitiv anticipate that the Labor Department's jobs report out on Friday will show 185,000 jobs were added in May, with the unemployment rate holding at a very low 3.6% — still a healthy pace, even if slightly below the 218,000 over the past year. Average hourly earnings growth is expected to come in at 3.2%, which would be the eighth month above the 3% mark.
The economy is strong. For the 'shopping mall' economy. Plenty of $10-12 hr jobs out there. Go get 'em 50 yr old guy that just got let go from his job paying 2X that at GM,and has no place else to go. Well done Mr. Trump. Well done. Thankyou GOP as well. Losers.
Now there are signs the economy is 'slowing' its well reported by CNN, which did not cover positive employment numbers, market growth & overall economy growth as from 2009-17. Why is this? Economy was the 1 issues in the 2016 Presidential Election, Not Russia, Not Obstruction!
Two things we know for a fact; 1. Trump's policies, and ending Obama's policies, have spurred great economic growth, 2. There are natural business cycles and not all recessions are caused by gov't intervention, or the lack thereof.
I dont see where its slowing at all in my area
Hey CNN. Keep up the great work by triggering these Trumpflakes.
Might be and at Risk But no actual facts
Who cares? Job growth is rising faster than GDP growth so these are all make work, useless jobs.
Attention, FAKE NEWS!